The global economy has been more resilient than anticipated thus far, due to healthy corporate and consumer balance sheets, and expansionary US fiscal policies.
Heading into 2024, however, the growth outlook is likely to weaken given the lagged impact of past rate hikes and geopolitical uncertainties, and inflation trends are set to ease further.
2024 will be a pivotal year that catapults the world into a new era as countries re-adjust to a web of economic drivers, multi-polar politics, and re-fashioned supply chains. The market outlook will be broadly supported by easing financial conditions, as the US Federal Reserve and key central banks begin to ease monetary policy in 2024.
It will be the 'Year of Elections' with some 40 national elections expected across the globe that will shape the decision pathways ahead for businesses and investors. Sustainability remains in focus given the resilience of the structural growth story in green mobility and renewables, while technological disruption across industries is creating compelling opportunities for investors looking for longer term portfolio growth potential.
Against this backdrop, investors will no doubt be asking: “What will drive the world in 2024”? As we fast forward to a future increasingly shaped by Artificial Intelligence, how can we ride this tide of rising innovation and reap the rewards of AI adoption? What will the future of investing look like?
This conference will be held regionally across Singapore, Hong Kong, Kuala Lumpur, Jakarta, Bangkok, Shenzhen, Manila, Ho Chi Minh City, Luxembourg, London, Dubai. Do contact your Relationship Manager for more details on how to participate.