All regions are growing but all at very different tempos. The US economy continues to grow a particularly strong pace whilst the euro area and United Kingdom are marching to a slower beat. In these regions, labour markets are looking healthy and easing inflation is providing a welcome boost to household purchasing power. Against this background, central banks are likely to cut rates gradually from late spring. Meanwhile, the Chinese economy continues its complex tango with structural problems and crucially a loss of faith by international investors. What does this mean for investors and how does it impact our asset allocation?
Learn more in our March 2024 House Views: Different Rhythms
