Investment Outlook: Summer

A rapidly evolving investment landscape and a year of likely political uncertainty make forecasting difficult in 2024. Morgan outlines three possible scenarios:

1. Economic soft landing involves a modest deceleration below trend in major economies, without significant shocks disrupting markets.
2. A cyclical slowdown/mild recession resilience driven by fiscally supported consumers and companies has been the biggest surprise of 2023, but barring something extraordinary, next year could see the global economy finally turn lower.
3. Economic hard landing/balance sheet recession will be defined by a sharp downturn in the global economy.

Read more in Morgans Summer Investment Watch Update

As always, speak to your PPT adviser in relation to which stocks suit your investment goals.

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DISCLAIMER: The material and contents provided in this publication are informative in nature only. It is not intended to be advice and you should not act specifically on the basis of this information alone.  If expert assistance is required, professional advice should be obtained.