Posted 1/2/2024, 11:07:41 AM
Investors Bet on 2024 Rate Cuts, But Bumps Ahead As Cheap Money Era Ends
- Investors are betting on interest rate cuts in 2024, but risks remain as the world transitions to a higher rate environment
- Markets have rallied on pivot hopes, but 2024 could hold surprises as money is no longer cheap
- Multiple risks cloud the 2024 outlook, including wars, geopolitics, and contentious elections
- Higher rates will be a drag on growth and make assets like tech stocks less attractive
- Consumers and companies will have to adjust to higher borrowing costs and more expensive debt