Ten reasons why it’s time to invest globally in 2024

Source: afr.com afr.com

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3. Consumers are still spending, supporting retail sales and broader economic activity, especially in the services sector. This reflects savings accumulated during COVID-19, with households being less over-extended than at the end of previous economic cycles. 4. International travel is returning to normal as airlines gradually rebuild capacity. This supports consumer spending more broadly, especially benefitting hotel groups, live entertainment businesses and luxury goods houses. 5. The global economy is still growing. The OECD expects this to ease from a projected 2.9 per cent in 2023 to 2.7 per cent in 2024, before starting to re-accelerate next year. This is...