Etf to watch for 2023 1)XLE energy continue to increase in price .Due to conflicts with russia and Urkranie war price cap on russia oil and gas price and china opening up 2)Defends ETF to watch (ITA ,PPA,XAR) Weapons are low in inventory from us ,european country and countrys will start buying mordern weapons to protect themself
1) market will be volatile due to fed increase ininterest rate 2) inflation will slowly in decrease due to higher interest and business borrow cost thus profit and inventory will decrease and may affects earning 3) layoff is expected to to continue until fed stop interest rate hikes which is expected once they see inflation start dropping a lot