In reading the economic and market outlooks for 2024, investors could be forgiven for feeling “déjà vu all over again.”
By Global Market Strategy Team
While the key economic debates facing investors have not changed since last year, much in the economy has. Investors should take note.
Recession is a matter of when, not how, the cycle plays out. And though many investors have expressed that this cycle feels slower than others, based on historical Fed hiking cycles we are right on time. Tighter policy is straining many economic sectors already. Profit margins, the consumer sector, and the labor market are next.
Regardless of investors’ economic view for the year ahead, the changes already seen support allocation adjustments for the year ahead.
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