Many companies featured on Money advertise with us. Opinions are our own, but compensation and
in-depth research may determine where and how companies appear. Learn more about how we make money.

Published: Jan 09, 2023 7 min read

Money is not a client of any investment adviser featured on this page. The information provided on this page is for educational purposes only and is not intended as investment advice. Money does not offer advisory services.

Illustration of eyes watching the stock market for trends
Rangely García for Money

Between the uncertainty of the economy and geopolitical tensions, there's a lot for investors to watch this year.

And it comes after a wild ride for those watching the markets. After starting 2022 near an all-time high, the S&P 500 ended the year down 19.4% — the stock market's worst annual performance since 2008. The prices of other financial assets, like bonds and crypto, struggled as well amid high inflation and interest rate hikes from the Federal Reserve.

The stock market was also extremely volatile, with a frequency of intraday swings of more than 1% not seen since the Great Recession.

So what's in store for the stock market in 2023?

"The markets will be very volatile," predicts James Angel, a finance professor at Georgetown University. "There are a lot of things which could move the market."

Experts say there are five factors affecting the stock market that they'll be monitoring this year.

1. Inflation