How to Survive the 2023 Stock Market

To survive the 2023 stock market, investors should focus on high-quality stocks and bonds, watch out for a recession, and above all, stay nimble.

Photo of Sameer Samana, senior global market strategist for Wells Fargo Investment Institute
(Image credit: Laura Wolff)

Sameer Samana is a senior global market strategist for Wells Fargo Investment Institute, the global investment strategy arm of Wells Fargo Bank. Read on as we ask Samana about opportunities in the current market, as well as the phases of a bear market and which sectors to avoid.

What's your outlook for the stock market in the second half of 2023? The analogy I'd use is that it's like looking out over a valley. Once you're on the other side, you'll be on level ground around the same height. Topographically, you'll probably descend into a valley, then spend the latter half of the year climbing back up. For markets, that means we're range bound, but the risk will be to the downside. Our year-end target for the S&P 500 is 4,000 to 4,200.

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Anne Kates Smith
Executive Editor, Kiplinger's Personal Finance

Anne Kates Smith brings Wall Street to Main Street, with decades of experience covering investments and personal finance for real people trying to navigate fast-changing markets, preserve financial security or plan for the future. She oversees the magazine's investing coverage,  authors Kiplinger’s biannual stock-market outlooks and writes the "Your Mind and Your Money" column, a take on behavioral finance and how investors can get out of their own way. Smith began her journalism career as a writer and columnist for USA Today. Prior to joining Kiplinger, she was a senior editor at U.S. News & World Report and a contributing columnist for TheStreet. Smith is a graduate of St. John's College in Annapolis, Md., the third-oldest college in America.