Best Financial Advisors in Mold

2024 Financial Outlook - For those of you who read my year-end messages I am back to my preferred approach of looking forward with this 2024 Financial Outlook as we believe we are edging closer to a point in time when markets will see beyond the negativity and, in advance of a recovery, will reprice asset values and we will all be rewarded for the investment risk we have shouldered in recent years. In the world of investments, 2023 has proved to be a year of challenges, much like 2022. After nearly two years of central banks fighting inflation, I believe the outlook for 2024 very much depends on the balance between global economic growth and the stickiness of inflation. Despite rising interest rates, the global economy has remained resilient, though indicators now suggest the global economy is entering a period of lower growth. Tight monetary policy, increasingly stretched consumers, and idiosyncratic growth shocks are all contributors to slower global growth. We do anticipate volatility in risk assets as 2024 begins due to the ongoing global economic slowdown. More volatility may lie ahead, but markets have calmed from the high levels of distress seen in recent years. Higher interest rates will cause difficulties for companies and consumers, but economies go in cycles and we are due a recovery. Questions remain over the path of inflation, however, in our view, the disinflation process will continue and growth will slow further in the first six months of 2024 (th...