- Investment Director
Skip to main content
- About Us
- My Account
The views expressed are those of the authors at the time of writing. Other teams may hold different views and make different investment decisions. The value of your investment may become worth more or less than at the time of original investment. While any third-party data used is considered reliable, its accuracy is not guaranteed. For professional, institutional, or accredited investors only.
As the global economy swings back toward a “Goldilocks” environment, we are optimistic that 2024 could be a good year for equity markets overall. A market regime shift is clearly underway, with lower but steady economic growth and moderating inflation on tap for the coming year. We expect US equity market concentration to loosen, and greater cyclical volatility and dispersion to provide more opportunities for active managers to deliver alpha. Regional and market-cap valuation dislocations also present a potential roadmap for capturing upside. Japan, Europe, and EMs look attractive, as do macro- and rate-sensitive segments and sectors. Related content dives into areas where we see opportunity including health care, Japan, equity income, and China. And our stewardship expert explores ideas that could help equity investors build resilience.
Will a “Goldilocks” economy be just right for equity markets?
We provide an outlook on the ongoing shift to new investment regime, and the market segments that we expect will most heavily influence global equity performance in the coming year.