Here are the 7 most important trends to watch in a highly volatile 2023, according to the chief strategist at Interactive Brokers

• Strategist Steve Sosnick is cautious heading into 2023 since interest rates are still high.
• A policy pivot from the Federal Reserve would jumpstart stocks, but Sosnick isn’t counting on it.
• Here are seven top trends in markets and the economy that Sosnick is watching right now.

Unlike many of his peers, Interactive Brokers’ strategy chief Steve Sosnick doesn’t spend his time predicting where stocks will go or recommending where to invest.

Instead, Sosnick’s job is to keep his finger on the pulse of markets by talking to traders and studying trends that might otherwise go unnoticed.

Sosnick largely agrees with the investment community’s consensus about how stocks and the economy will perform next year. However, the 36-year market veteran disagrees with some of the prevailing wisdom — especially the concept of the economy enjoying a so-called “soft landing.”

Sosnick believes there are seven key trends that will determine what will happen to markets in 2023, and he’s watching all of them closely as the new year begins. In a recent interview with Insider, Sosnick gave his take on each and shared where he thinks his peers are right or wrong.