--- title: Investment Strategy Brief 2023 image: https://info.glenmede.com/hubfs/GLM%20Assets/IS%20Brief%20Bull%20Bear.jpg --- [![GLENMEDE](https://info.glenmede.com/hubfs/raw_assets/public/Glenmede_September2023/images/dark-logo.svg "GLENMEDE")](https://www.glenmede.com/) # Investment Strategy Briefs 2023 ![IS Brief Bull Bear](https://info.glenmede.com/hs-fs/hubfs/GLM%20Assets/IS%20Brief%20Bull%20Bear.jpg?width=2000&height=1143&name=IS%20Brief%20Bull%20Bear.jpg "IS Brief Bull Bear") # Q4 2023 [Turning the Page on 2023 - December 26, 2023](https://info.glenmede.com/turning-the-page-on-2023-lp?hsLang=en) [Charting the Course to 2024 - December 18, 2023](https://info.glenmede.com/the-case-for-fixed-income-in-2024-lp?hsLang=en) [Looking Ahead to 2024 - December 11, 2023](https://info.glenmede.com/looking-ahead-to-2024-lp?hsLang=en) [2024 Election Update - December 4, 2023](https://info.glenmede.com/2024-election-update-lp?hsLang=en) [Grappling With a New Rate Regime - November 27, 2023](https://info.glenmede.com/interest-rates-matter-lp?hsLang=en) [A Cornucopia of Market Drivers - November 20, 2023](https://info.glenmede.com/will-consumers-feast-this-holiday-season-lp?hsLang=en) [Government Shutdown Negotiations, on Repeat - November 13, 2023](https://info.glenmede.com/government-shutdown-negotiations-on-repeat-lp?hsLang=en) [Checking Conditions for a Soft Landing - November 6, 2023](https://info.glenmede.com/checking-conditions-for-a-soft-landing-lp?hsLang=en) [Economic Trick or Treat? - October 30, 2023](https://info.glenmede.com/economic-trick-or-treat-lp?hsLang=en) [Earnings, Inflation and Spending Amid Uncertainty - October 23, 2023](https://info.glenmede.com/earnings-inflation-and-spending-amid-uncertainty-lp?hsLang=en) [No Need to Worry About Inflation, Right? - October 16, 2023](https://info.glenmede.com/no-need-to-worry-about-inflation-right-lp?hsLang=en) [Two Steps Forward, One Step Back - October 9, 2023](https://info.glenmede.com/two-steps-forward-one-step-back-lp?hsLang=en) [Shutdowns, Stikes and Student Setbacks - October 2, 2023](https://info.glenmede.com/shutdowns-strikes-and-student-setbacks-lp?hsLang=en) # Q3 2023 [An Expansion Living on Borrowed Time - September 25, 2023](https://info.glenmede.com/an-expansion-living-on-borrowed-time-lp?hsLang=en) [Up Next: September FOMC - September 18, 2023](https://info.glenmede.com/up-next-september-fomc-lp?hsLang=en) [When I Wanted Sunshine, I Got Inflation - September 11, 2023](https://info.glenmede.com/the-dollars-demise-or-just-a-decline-lp-1?hsLang=en) [Changes in Latitudes, Changes in Attitudes - September 5, 2023](https://info.glenmede.com/housing-market-in-paradise-lp?hsLang=en) [A Bond Yield Renaissance - August 28, 2023](https://info.glenmede.com/investment-strategy-brief-a-bond-yield-renaissance-lp?hsLang=en) [Signs of Sino Trouble - August 21, 2023](https://info.glenmede.com/signs-of-sino-trouble-lp?hsLang=en) [The Dollar's Demise... or Just a Decline? - August 14, 2023](https://info.glenmede.com/the-dollars-demise-or-just-a-decline-lp?hsLang=en) [Fitch Demotes U.S. Debt - August 7, 2023](https://info.glenmede.com/the-us-debt-demoted-lp?hsLang=en) [Earnings: Riches to Rags - July 31, 2023](https://info.glenmede.com/a-rally-without-earnings-strangers-in-paradise-lp?hsLang=en) [U.S. Economy Not Yet in the Clear - July 24, 2023](https://info.glenmede.com/tick-tock-on-the-recession-clock-lp?hsLang=en) [Inflation Insights - July 17, 2023](https://info.glenmede.com/whip-inflation-now-lp?hsLang=en) [The Student Loan Saga - July 10, 2023](https://info.glenmede.com/a-mid-summer-student-debt-reliefs-dream-lp?hsLang=en) [The Risks of a Concentrated Market - July 3, 2023](https://info.glenmede.com/the-narrow-lane-to-market-gains-lp?hsLang=en) # Q2 2023 [The Land of the Re-Rising Sun - June 26, 2023](https://info.glenmede.com/the-land-of-the-re-rising-sun-lp?hsLang=en) [The Fed Holds Steady - June 20, 2023](https://info.glenmede.com/the-fed-holds-steady-lp?hsLang=en) [(AI)lluminating Artificial Intelligence - June 12, 2023](https://info.glenmede.com/ailluminating-artificial-intelligence-lp?hsLang=en) [The Debt Ceiling Is Done. Now What? - June 5, 2023](https://info.glenmede.com/the-debt-ceiling-is-done-now-what-lp?hsLang=en) [What's in the Debt Ceiling Deal? - May 30, 2023](https://info.glenmede.com/whats-in-the-debt-ceiling-deal-lp?hsLang=en) [A Top Heavy Market - May 22, 2023](https://info.glenmede.com/a-top-heavy-market-lp?hsLang=en) [Knocking on the Debt Ceiling - May 15, 2023](https://info.glenmede.com/knocking-on-the-debt-ceiling-lp?hsLang=en) [Potential Fed Pause, But No Pivot - May 8, 2023](https://info.glenmede.com/potential-fed-pause-but-no-pivot-lp?hsLang=en) [The Debt Ceiling and Spinach - May 1, 2023](https://info.glenmede.com/the-debt-ceiling-and-spinach-lp?hsLang=en) [Shifting Consumer Circumstances - April 24, 2023](https://info.glenmede.com/shifting-consumer-circumstances-lp?hsLang=en) [A Close Eye on Financial Stability - April 17, 2023](https://info.glenmede.com/a-close-eye-on-financial-stability-lp?hsLang=en) [Getting Real About Real Estate - April 10, 2023](https://info.glenmede.com/getting-real-about-real-estate-lp?hsLang=en) [Spring Into a New Quarter - April 3, 2023](https://info.glenmede.com/spring-into-a-new-quarter-lp?hsLang=en) # Q1 2023 [Monitoring Financial Stability Risks - March 27, 2023](https://info.glenmede.com/monitoring-financial-stability-risks-lp?hsLang=en) [Monetary Madness - March 20, 2023](https://info.glenmede.com/monetary-madness-lp?hsLang=en) [Shamrocks and Bank Stocks - March 13, 2023](https://info.glenmede.com/shamrocks-and-bank-stocks-lp?hsLang=en) [Inflation Catch-22 - March 6, 2023](https://info.glenmede.com/inflation-catch-22-lp?hsLang=en) [The Forecast of Us - February 27, 2023](https://info.glenmede.com/the-forecast-of-us-lp?hsLang=en) [Disinflation Disrupted - February 21, 2023](https://info.glenmede.com/disinflation-disrupted-lp?hsLang=en) [V-Day on Wall Street - February 13, 2023](https://info.glenmede.com/v-day-on-wall-street?hsLang=en) [Super (Bowl) Showdown - February 6, 2023](https://info.glenmede.com/super-bowl-showdown-lp?hsLang=en) [Hiking into Recession - January 30, 2023](https://info.glenmede.com/hiking-into-recession-lp?hsLang=en) [Fiscal, Monetary and Earnings Winter - January 23, 2023](https://info.glenmede.com/fiscal-monetary-and-earnings-winter?hsLang=en) [The Other Side of Inflation - January 17, 2023](https://info.glenmede.com/the-other-side-of-inflation-lp?hsLang=en) [Debt Debates of '23 - January 9, 2023](https://info.glenmede.com/debt-debates-of-23-lp?hsLang=en) [Setting Expectations for the New Year - January 3, 2023](https://info.glenmede.com/setting-expectations-for-the-new-year?hsLang=en) *This material is intended to review matters of possible interest to Glenmede Trust Company clients and friends and is not intended as personalized investment advice. When provided to a client, advice is based on the client’s unique circumstances and may differ substantially from any general recommendations, suggestions or other considerations included in this material. Any opinions, recommendations, expectations or projections herein are based on information available at the time of publication and may change thereafter. Information obtained from third-party sources is assumed to be reliable but may not be independently verified, and the accuracy thereof is not guaranteed. Outcomes (including performance) may differ materially from any expectations and projections noted herein due to various risks and uncertainties. Any reference to risk management or risk control does not imply that risk can be eliminated. All investments have risk. Clients are encouraged to discuss any matter discussed herein with their Glenmede representative.* ![Stock placeholder image with grayscale geometrical mountain landscape](https://info.glenmede.com/hubfs/raw_assets/public/Glenmede_September2023/images/grayscale-mountain.png "Stock placeholder image with grayscale geometrical mountain landscape") ### Feature one Use text and images to tell your company’s story. Explain what makes your product or service extraordinary. ![Stock placeholder image with grayscale geometrical mountain landscape](https://info.glenmede.com/hubfs/raw_assets/public/Glenmede_September2023/images/grayscale-mountain.png "Stock placeholder image with grayscale geometrical mountain landscape") ### Feature two Use text and images to tell your company’s story. 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