Several market researchers have tried to find some of the major themes that could influence markets in 2024, with this year having the potential for wild swings.
South Africa and the rest of the world are in for an interesting time, with interest rates, inflation, economic growth and elections lined up in the year ahead. Several market researchers have tried to find some of the major themes that could influence markets in 2024, with this year having the potential for wild swings.
“One only needs to look at the news wires where higher interest rates are grinding their way through the system, wars are wreaking havoc around the world, and climate disasters are becoming increasingly common. Five-year growth prospects for the global economy have never been worse,” TreasuryOne said.Across the globe, questions still remain if high inflation will be brought down to normal levels. While there are arguments that inflation will return to central bank targets due to the Covid-19 era distortions will gradually fade, there are also arguments that inflation will remain elevated as wages and spending rise faster than before the pandemi
Markets Interest Rates Inflation Economic Growth Elections Global Economy High Inflation Covid-19 Wages Spending
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