Divergent views on economic prospects


Goldman Sachs is projecting global growth of 2.6% for 2024.

GLOBAL investments banks have divergent views about how the global economy will pan out in 2024. Some are more optimistic, while others are more cautious about the prospects in the year ahead, given the prevailing headwinds of elevated interest rates and geopolitical tensions.

There is one common view, though; they expect global growth to be weaker in 2024 as compared to 2023. Below are the excerpts from reports published by several prominent investment management firms.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read