Market vulnerabilities and a possible U.S. recession: Strategists give their cautious predictions for 2024
Publishing timestamp: 2023-11-29 05:14:24
Summary
The article discusses the uncertain macroeconomic outlook for 2024, with Deutsche Bank projecting Canada to have the highest GDP growth among G7 countries at just 0.8%. It highlights concerns about the impact of higher interest rates and potential risks of a U.S. recession. The article also mentions the potential for a slowdown in global growth, regional divergence in growth prospects and inflation patterns, and the need for a diversified and risk-conscious investment approach.
Sentiment: MIXED
Keywords: central banking, breaking news: markets, markets, u.s. economy, goldman sachs group inc, deutsche bank ag, breaking news: economy, business news, economy, investment strategy, breaking news: investing,