The new year is upon us, and this week we’re telling you what you need to know to make sense of the markets as we head into 2024. It’s our final episode of 2023, and what a year it was: a long-forecast recession never materialized, the U.S. economy saw solid growth, and the stock market delivered spectacular returns – all while rising interest rates put the squeeze on borrowers and the housing market. So what should we expect for 2024? David Kelly, chief global strategist and head of the Global Market Insights Strategy team for J.P. Morgan Asset Management, joins us to share his outlook and explain what you should be on the lookout for next year. Then, we're taking on questions from our listeners about the economy, mortgage rates and what’s next for the Federal Reserve.
Further Reading:
U.S. Inflation Expected to Keep Slowing)
Will the Fed Cut Interest Rates in 2024? | Market Takes)
How the Fed Will Shift Its Focus in 2024)
If You’re Worried About the Economy, Here’s What You Can Do)
The Math for Buying a Home No Longer Works. These Charts Show You Why.)
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