2024 Market Outlook: Are we heading into a recession or recovery? Why not both?
As we look ahead to 2024, one concern from 2023 is likely to stay with us: the possibility of a recession. It’s important to remember that the 2020 recession was a once-in-a-lifetime event, and since then, the economic cycle has been anything but normal. It's only logical, then, to expect that any subsequent economic slowdown would also take a unique course, in keeping with these extraordinary times.
With that in mind, as 2023 comes to a close, we believe these six key themes will have big impacts on the markets throughout 2024.