While economists were anticipating a recession for the American economy twelve months ago, the unexpected resilience in 2023 propelled stock markets to new heights. The market was buoyed by the strength of the American economic conditions and expectations of a Federal Reserve monetary policy easing.
"Investors who are overly optimistic may face significant disappointments during the first quarter of 2024."
Daniel Steck, fund manager and analyst, shares his analysis.
Read the full article on allnews (in French), published on January 22, 2024.
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