Q1 2024 Market Outlook
Market Outlook | Equities
In his outlook for the first quarter of 2024, Marco Pirondini, Chief Investment Officer, US, addresses fragmented global growth, slowing inflation, and the possibility of a mild recession. He also discusses the potential impacts of the contraction in US earnings and the overvaluation of some parts of the US market. Given these circumstances, investors may wish to take a cautious approach to the quarter and broaden their market view to include global markets such as Japan and Europe.