Markets face a reckoning in the outlook for 2024 as the era of synchronized growth comes to an end. Parts of the global economy that were expected to power global growth have stalled out. Some regions that seemed on the verge of recession have proved surprisingly resilient, while others are already in the doldrums. Shoring up portfolios to weather these cross-currents while uncovering opportunities in 2024 will require a judicious approach.
Investors face critical questions. Will Asia’s macro outlook continue to be healthier than much of the rest of the world in the face of China’s slowdown? The EU has teetered on recession throughout 2023, but should we expect to see growth in the coming year? Could the US still experience a recession in 2024?
Against a backdrop of widely divergent economic cycles, our aim is to help investors navigate the opportunities and challenges that emerge across global markets.
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