Pamela Clancy’s Post

Why did economists predict a recession in 2023 and why were they wrong? PGIM Wadhwani reflects on the lessons from the past year in PGIM’s 2024 Best Ideas. Download here: https://on.pru/47EeknO #BestIdeas

Why did economists predict a recession in 2023 and why were they wrong? PGIM Wadhwani reflects on the lessons from the past year in PGIM’s 2024 Best Ideas. Download here: https://on.pru/47EeknO #BestIdeas

Why did economists predict a recession in 2023 and why were they wrong? PGIM Wadhwani reflects on the lessons from the past year in PGIM’s 2024 Best Ideas. Download here: https://on.pru/47EeknO #BestIdeas

Why did economists predict a recession in 2023 and why were they wrong? PGIM Wadhwani reflects on the lessons from the past year in PGIM’s 2024 Best Ideas. Download here: https://on.pru/47EeknO #BestIdeas

More-demanding valuations appear to signal investors have become more confident of a “soft landing” outcome. This article provides an update on the macro environment and its implications for portfolios. #Economy #Inflation #CentralBanks

Overall, economic fundamentals remain broadly supportive of equity markets with economic growth resilient, even as inflation proves stickier and the challenge of the last mile decline to the 2% level seems a way off. A challenging backdrop for government bonds but equities remain supported by strong earnings growth and the prospect of rate cuts to come. Find out what's going on in the world and what that means for investors with Graham O'Neill's full economic and market update... https://lnkd.in/eXduG_nt #worldmarketupdate #valuations #interestrates #economicdata #uselection #employment #geopolitics #emergingmarkets

With high interest rates crimping demand, U.S. economic growth will likely slow to 1.6% in 2024, according to The World Bank. While restrictive monetary policy will likely dampen growth, economists have recently walked back on forecasts of recession, with three out of four economists surveyed by the National Association for Business Economics (NABE) putting the odds of recession at 50% or less. #inflation #recession #interestrates https://lnkd.in/e9itzeH7

Just as pilots assess conditions before landing, Fed Chair Jerome Powell analyzes the U.S. economy as we enter the final leg of the post-COVID-19 journey. Meanwhile, as investors fasten their seatbelts and hope for a soft landing, we economists fine tune our forecasts for the year. The economy is expected to fluctuate as we expect a wide range of headwinds and tailwinds to challenge the U.S. consumer, but despite some turbulence, we continue to believe that there will be a safe landing. To read the full article, see the Investment Strategy Quarterly publication linked below. #inflation #debt #interestrates #economy

A GOOD READ!!! The Epoch Times: U.S. is in recession since 2022 after inflation adjustments, new research shows. Undercounting inflation since 2019 has resulted in overstating economic growth, economists said. #INVESTMENTBANKING #HEDGEFUNDS #CEOS #CIOS #CFO #CFOS #CIO #ASSETMANAGEMENT #FED #INFLATION #ECONOMY #EUROPE #ASIAPACIFIC #MARKETS #COMMODITIES #ECONOMICS #PRIVATEEQUITY #MONEY #VENTURECAPITAL #INVESTING #BANKINGINDUSTRY #TREASURY #FINANCE #TRADING #STOCKS #ENERGY

https://lnkd.in/eNyG8GQK In this week's newsletter, economic GDP numbers have been revised up and economists expect a stable and growing economy. Also an article on how extreme weather is affecting housing prices. Enjoy! #wealthmanagement #investing #financialplanning