Waterloo Capital 2024 Market Outlooks
Defying Gravity: Navigating the New Normal
Where have we been… Where are we now?
2023 emerged as a year of resilience and unexpected positive turns, defying the new normal of higher interest rates, which were expected to exert pressure on the economy and markets. Following a challenging 2022, the consensus among economists leaned heavily towards the anticipation of a recession within the year. Wall Street’s S&P 500 forecasts mirrored this caution, spanning a...
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