J.P. Morgan's "Investment Outlook for 2024" forecasts moderate U.S. economic growth at 2%, stable inflation around 2%, and unemployment near 4%, projecting no recession. The Federal Reserve is expected to hold interest rates steady, potentially lowering them later in the year. Equity markets, particularly international ones, may see modest growth despite economic slowdown, driven by favorable valuations and steady earnings growth. Bond investors could benefit from falling yields, while alternative investments like infrastructure and real estate may serve as hedges against market volatility. Active management and diversification remain essential in the face of global uncertainties.

Join for free to read