global-risks9.11 min read Navigating Global Risks and Investment Strategies in 2024
The top global risks for 2024 include the possibility of lingering inflation, rate hikes offsetting rate cuts, a rebound in China's economy, a potential productivity boost from artificial intelligence, and election surprises. Inflation may not be as controlled as expected, and potential causes include tight labor markets, volatile energy prices, and supply chain problems. Rate hikes in Japan could offset rate cuts by other major central banks. China's growth outlook has been revised lower, but there is potential for it to defy expectations. Artificial intelligence could boost productivity, and election outcomes may encourage nationalist policies that hinder trade. It is important to be prepared for these risks and have a well-balanced, diversified portfolio.
2 years ago•Source: Charles Schwab