Morgan Stanley Outlines 10 Potential Market Surprises for 2024 While Remaining Upbeat on Global Outlook
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Morgan Stanley remains optimistic about global market outlook in 2024 despite potential challenges like interest rate hikes and resilient US economy.
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The brokerage has identified 10 potential surprises, both positive and negative, that could significantly impact global markets next year.
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These include the arrival of an elusive US hard landing, an unexpectedly high number of Fed rate cuts, and an earlier-than-expected policy pivot by the Bank of England.
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Additional surprises cover the euro zone, Japan, Australia, Canada, inflation breakevens reverting to pre-pandemic levels by end of 2024.
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However, Morgan Stanley warned these surprises pose the risk of unexpected developments with far-reaching implications across different financial landscapes.