Markets at Risk of 2024 Slowdown as Greedflation Fades, Manufacturing Slumps
- Markets underestimating economic slowdown risk in 2024, "greedflation" won't help anymore
- "Greedflation" propped up earnings in 2022, but unlikely to continue
- Investors expecting too much from markets and economy this year
- Manufacturing already in recession; earnings growth expectations too high
- Situation for equities looking similar to 2022 rout