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Why it is getting harder to predict the global markets
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The volatility in the stock markets is telling us the story of a huge structural change.
PHOTO: AFP
The Association of Investment Companies (AIC) in Britain recently polled the country’s fund managers, asking them what sectors they expect to perform best in 2023 and over the next five years.
The top two answers over both timeframes were energy (28 per cent over 12 months) and information technology (21 per cent). All the other sectors lagged far behind (11 per cent said healthcare).
