Expanding on our initial 2024 Outlook, “A Turning Point,” this midyear update offers fresh insights into the economic and market landscape, along with their potential impact on investment portfolios.
Key Expectations:
- A measured slowdown will begin in the latter half of 2024
- Expect consumer spending to start to slow and unemployment to drift higher
- The Fed is likely to begin cutting rates before the end of the year
For Public Use
RES-0001115BRO1-0424A Tracking #585057 (Exp. 07/25)