Posted 12/12/2023, 10:00:00 AM
Geopolitical Issues Top Investor Worries, Recession Seen Likely in 2024: Survey
- Geopolitical issues are now the #1 market concern according to a Natixis survey of 500 institutional investors
- "Bad actors" edged out fading consumer spending and central bank policy errors as the top economic threat
- War ranked 5th in last year's survey, but has persisted with the Russia-Ukraine conflict
- In an interview, JPMorgan's Jamie Dimon said the world is more "scary and unpredictable" like in 1938
- 51% believe a recession is inevitable in 2024; 75% think AI unlocks opportunities but 38% see it as an existential threat