The five big risks for equity markets in 2024

News Snapshot:

Don’t expect the market’s obsession with interest rates to reduce in 2024, with three key questions in focus. Firstly, do central banks (including the Federal Reserve and the Reserve Bank of Australia) need to raise rates further to kill off inflationary forces? Second, how long will it be before rates can start coming down? And third, will the lagged effects of previously delivered hikes show up in a more meaningful way? The answer to the third question will decide the first two. The quicker central banks see previous hikes working – spending coming down, unemployment creeping higher – the sooner...