After the S&P 500 posted a 19% drop in 2022, the first down year for the index since 2018, investors are rightfully worried about what the current year will bring. Inflation is still high, interest rates are still going up, and an economic downturn is a real possibility. There must be a way to prepare for what might come. 

It starts with thinking about potential downside scenarios in the near term. The smartest investors are always aware of what factors are most pressing for markets and the economy at any given time. Here are three of the biggest risks the smartest investors know about in 2023. 

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Source Fool.com