Economic pessimists’ bet on a 2023 recession failed. Why are they doubling down in 2024?
https://finance.yahoo.com/news/economic-pessimists-bet-2023-recession-130948114.html
https://finance.yahoo.com/news/economic-pessimists-bet-2023-recession-130948114.html
Related:
https://fortune.com/2023/12/11/us-economy-pessimists-bet-2023-recession-failed-doubling-down-2024-outlook/
Market bets for 2024 thrown into chaos by US recession conundrum
https://www.reuters.com/markets/global-markets-outlook-analysis-pix-2023-12-07/
Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter a long-heralded recession and drag the world with it.
The lack of consensus among forecasters is a stark contrast to a year ago, when most predicted a U.S. recession and rapid rate cuts that failed to materialise.
https://fortune.com/2023/12/11/us-economy-pessimists-bet-2023-recession-failed-doubling-down-2024-outlook/
https://www.reuters.com/markets/global-markets-outlook-analysis-pix-2023-12-07/
Investment banks and asset managers have wildly varying stock market and currency calls for 2024, reflecting deep division over whether the U.S. economy will enter a long-heralded recession and drag the world with it.
The lack of consensus among forecasters is a stark contrast to a year ago, when most predicted a U.S. recession and rapid rate cuts that failed to materialise.
Geopolitics Is Biggest Market Risk in 2024,
Investor Poll Shows
https://www.bloomberg.com/news/articles/2023-12-11/geopolitical-bad-actors-pose-biggest-threat-to-markets-in-2024-investors-say
“The biggest macroeconomic risk for 2024 is geopolitical bad actors who with one action can upset economic and market assumptions globally,” the poll of 500 institutional investors from around the world found. That ranked higher than risks related to declining consumer spending, central bank policy errors, and a slowing Chinese economy.
https://www.bloomberg.com/news/articles/2023-12-11/geopolitical-bad-actors-pose-biggest-threat-to-markets-in-2024-investors-say
“The biggest macroeconomic risk for 2024 is geopolitical bad actors who with one action can upset economic and market assumptions globally,” the poll of 500 institutional investors from around the world found. That ranked higher than risks related to declining consumer spending, central bank policy errors, and a slowing Chinese economy.
Goldman Sachs: 2024 US Economic Outlook