January 2023 equities outlook: Preparing for a possible upside
New year, new strategy. But maybe just a more refined one that maximizes returns would suffice. Ricky Maddatu, Metrobank’s Equities Department Head, gives us his forecast for the stock market for 2023.
![](https://wealthinsights.metrobank.com.ph/app/uploads/2023/01/ricky-maddatu-jan27.jpg)
(Editor’s Note: This outlook is subject to updates as needed.)
Inflation and the exchange rate will play a big role in the performance of the stock market this year, according to our equities head.