花旗银行：2023年财富展望报告（中译版）（112页）.pdf

1、Citi Global WealthInvestmentsRoadmap to recovery:Portfolios to anticipate opportunitiesINVESTMENT PRODUCTS:NOT FDIC INSURED NOT CDIC INSURED NOT GOVERNMENT INSURED NO BANK GUARANTEE MAY LOSE VALUEIf you are visually impaired and would like to speak to a Citi representative regarding the details of g

2、raphics included in this document,please call+1(800)788-6775.Citi Global WealthInvestmentsCO N T EN TSFOREWORD 4OVERVIEW1.1 From the desk of the CIO:Our Wealth Outlook 2023 61.2 Roadmap to recovery:Markets lead,the economy follows 101.3 Expect the unexpected:How we might be wrong 181.4 Outlook Watch

3、list 2023 231.5 Better long-term returns ahead 25PUTTING YOUR CASH TO WORK IN A HIGHER RATE ENVIRONMENT 2.1 It is time to put excess cash to work 302.2 Pursuing portfolio income with short-term bonds 332.3 Why dividend grower“tortoises”may be core holdings 392.4 Why capital markets are more importan

4、t than ever 422.5 Alternative investments may enhance cash yields 45UNSTOPPABLE TRENDS 3.1 The transformative power of unstoppable trends 513.2 A greater separation between East and West:G2 polarization intensifies 553.3 Energy security is vital 593.4 Deepening digitization 643.5 Digitization and th

5、e growth in alternative investments 683.6 How unstoppable trends are redefining real estate 723.7 Seeking to boost portfolio immunity with healthcare 77REGIONAL ASSET CLASS PREVIEWS 4.1 Asia:Broader re-opening to enable regional recovery 824.2 Europe:Bracing for winter recession 884.3 Latin America:

6、Selective opportunities amid cheap valuations 934.4 North America:The hunt for quality and yield 98GLOSSARY 104Citi Global WealthInvestments|4ForewordJIM ODONNELLCEO of Citi Global WealthWelcome to Outlook 2023,our annual publication that sets out our expectations and key investment themes for the c