MIDYEAR 2024 INVESTMENT OUTLOOK: EQUITY AND FIXED INCOME MARKETS ADJUSTING TO ACCOMMODATE CENTRAL BANK POLICY EXPECTATIONS
Active Investing Appears Primed to Favor Shifting Market Conditions and Identify Pockets of Opportunity for Investors
BALTIMORE, June 20, 2024 /PRNewswire/ — T. Rowe Price, a global investment management firm and a leader in retirement, released its outlook for global financial markets for the remainder of 2024. Underpinning the outlook for the next six months is the change in expectations for central bank policy. Given pricing on interest rate futures, there will likely be far fewer interest rate cuts from global central banks than seemed likely at the start of the year. Equity and fixed income markets are adjusting accordingly, noting the following key expectations for the balance of the year: