2024 Outlook
The US economy proved resilent throughout 2023 with key support from consumer spending, a strong labor market, and business capital spending. We believe that 2024 will market an important pivot point for the global economy and capital markets. We anticipate a moderate global economic slowdown (including in the US) in the first part of 2024, followed by a guadual, US-led global recovery in the latter months of the year. We favor quality and a more defensive posture within equities. We expect US Treasury yields to remain volatile in 2024. Read the WFII's top 5 ideas for 2024.
2024 - First Quarter Timely News
Policy Politics Portfolios - March 2024 Update
Read the latest of what the federal budget, regulatory, and trade decision could mean for investors.
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Investment Strategy: Direction of US Interest rates in 2024
The WFII expectation is that the Fed will cut policy rates three times in 2024, attempting to move away from a restrictive policy stance.
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