Published December 8,2023
Below, we offer Schwab’s 2024 outlook for economies and markets. We hope you find it of interest.
“Often the closer we get to something, the more complicated, noisy, and chaotic it seems. Focusing too closely or too near-term on specific developments in the economy, markets, or politics in 2024 can risk missing the bigger picture and broader trend.
The big picture we see for 2024 is of a shallow U-shaped recovery in global economic and earnings growth, rather than the V-shape seen in the last two global recessions of 2008-09 and 2020. (more…)