2024 has been defined as the “year of active management”, a more tempered Equity rally is expected due to slower growth and increased valuations. However, the potential for an Equity upswing persists if a global recession is averted, buoyed by resilient consumer behaviour and growth in sectors like Technology and Healthcare.
The pivotal question for the year revolves around investor sentiment toward Technology and AI—Tech fatigue or triumph? While we endorse Technology as a long-term trend, a short-term revaluation may occur if a 2024 recession prompts a shift towards defensive sectors.
For a deeper dive into these insights and more, explore our Global Market Report—a strategic compass for navigating the nuanced Equity landscape.
What you will learn:
Earnings Strength: explore 2024 challenges and the impact of global equity valuations at 15.9 times earnings, led by US Tech.
Active Management Year: understand how resilient consumers and growth sectors sustain gains amidst global economic uncertainties.
Tech Dynamics: find out how Technology may re-rate during a recession, leading to interest in defensive sectors.
China's Impact: Deep dive on the reasons for China's economic reboot and its influence on global equities.
Quality Bias: step into the late economic cycle and focus on quality stocks with robust pricing power.