From Dow Jones & Company:

The U.S. and global economy saw the opposite expectations a year ago. Inflation fell more than predicted, and a recession was avoided, leading to a rise in stock markets and a fall in bond yields. Economists and analysts forecast a soft landing for 2024, with growth below potential and inflation continuing to fall toward the 2% target by 2025. The U.S., the eurozone, and the United Kingdom all face different landing scenarios, with the U.S. and China already experiencing a bumpy landing. However, worst-case scenarios appear to be the least likely at present. Geopolitical developments could still affect this year’s forecast. Source: MarketWatch: “Where Will the Global Economy Land in 2024?”



Read more: Opinion: ‘Dr. Doom’ Nouriel Roubini: ‘Worst-case scenarios appear to be the least likely.’ For now.