Can economies balance growth and inflation?
Read about global markets and trends in this monthly Investment Outlook.
This monthly commentary gives a roundup of global markets and trends.
In this edition:
- We consider how growth has been supported by healthy labour market and how the global economy defied pessimistic expectations
- A key risk for financial markets is that growth rekindles inflationary pressure
- Economic environment remains supportive for company earnings, and particularly for large cap stocks to drive the overall market
- However, the Magnificent Seven’s endurance comes into question as only four of them are now outperforming the S&P 500 in 2024
Past performance is not a guide to future performance.
The value of an investment may go down as well as up and you may get back less than you originally invested.