JP Morgan suggests a soft landing for the US remains in reach, with disinflation set to continue. According to the bank, the US Federal Reserve Board now appears satisfied with its progress — an about-face from this year’s white-knuckle warnings.
Analysts make the case for US small- and mid-caps while waiting for the Fed to call an end to its hiking cycle
What does 2024 have in store for global markets? JP Morgan’s outlook for the year sees “2% growth, zero recessions, 2% inflation and 4% unemployment” in the US. Will its forecasts come true? Or is it just reading the tea leaves — an act of divination?
