Market Overview – September 2024

Global Economy and Stock Markets Global economy is expected to grow at 3.2% in both 2024 and 2025. The short-term outlook for the global economy is stabilizing but many vulnerabilities remain. The reason for cautious optimism is easing of inflation and evidence of resilience of global commerce. Headline inflation in the G20 is projected to…

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Market Overview – June 2024

Global Economy and Stock Markets The global economy is set for modest growth over the next two years amid cooling activity in the U.S., a bottoming-out in Europe and stronger consumption and exports for China. The IMF kept its 2024 global real gross domestic product growth forecast unchanged from April at 3.2% and raised its…

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Market Overview – March 2024

Global Economy and Stock Markets Global growth is projected at 3.1% in 2024 and 3.2% in 2025. The forecast for 2024–25 is, however, below the historical (2000–2019) average of 3.8%, with elevated central bank policy rates to fight inflation, a withdrawal of fiscal support amid high debt weighing on economic activity and low underlying productivity…

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Market Overview – December 2023

Global Economy and Stock Markets Global growth is projected at 3.1 percent in 2024 and 3.2 percent in 2025. The forecast for 2024–25 is, however, below the historical (2000–2019) average of 3.8 percent, with elevated central bank policy rates to fight inflation, a withdrawal of fiscal support amid high debt weighing on economic activity, and…

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Market Overview – September 2023

Global Economy and Stock Markets Global growth seems to be holding on in 2023. Global GDP is expected to grow at 2.7% this year, 100 bps above the Bloomberg forecast of a year ago whereas USA is forecast to grow at 2.4%, 200 bps above the consensus forecast of a year ago. Further, since the…

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Market Overview – June 2023

Global Economy and Stock Markets Midway through 2023, the global economy is confronting a host of unusual occurrences with US unemployment at its lowest point since 1968 whereas core inflation is higher than what it was in 1983. Global growth has stabilized but the improvement is fragile. Global GDP growth is projected to grow at…

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Market Overview – March 2023

Global Economy and Stock Markets Tentative signs in early 2023 were that the world economy could achieve a soft landing—with inflation coming down and growth steady—but the expectation of soft landing has receded recently amid stubbornly high inflation and recent financial sector turmoil. Hence, the outlook for 2023 is uncertain again amid troubles in the…

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Market Overview – December 2022

Global Economy and Stock Markets As per latest survey by IMF, inflation appears to have peaked in 2022, consumer spending remains robust and the energy crisis post Russia-Ukraine war has been less severe than initially feared. Though global economy still faces major headwinds in 2023, global growth is now expected to fall from 3.4% in…

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Market Overview – September 2022

Global Economy and Stock Markets The U.S. economy and stock market continued to struggle in the quarter gone by. Economic uncertainty may have peaked in 1st half of 2022 but it still remains high. US stock markets continue to feel the weight of Federal Reserve policy tightening, shrinking market liquidity and slower economic growth and…

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Market Overview – June 2022

Global Economy and Stock Markets The first half of 2022 was historically dismal for global stock markets and there is still some way to go before the storm blows over. Facing a multi-decade high in inflation, aggressive monetary policy tightening by the Federal Reserve and the effects of the Russia-Ukraine war, the US markets were…

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Market Overview – March 2022

Global Economy and Stock Markets Over the last 2 years, markets have been kind to investors globally mainly led by loose monetary policy. With worries cropping up on multiple fronts, there has been a reset in investors sentiments and liquidity. Some of the reasons for sharp fall in the last couple of months are as…

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Market Overview – December 2021

Global Economy and Stock Markets The global economy enters 2022 in a weaker position than previously expected. As the new Omicron COVID-19 variant spreads, countries have reimposed mobility restrictions. Rising energy prices and supply disruptions have resulted in higher and more broad-based inflation than anticipated. Further, the ongoing retrenchment of China’s real estate sector and…

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