While there have been signs that the Global economy is beginning to slow, particularly in employment data and manufacturing numbers, we remain bullish on overall global growth. With key Central Banks now in the midst of rate cut cycles, there is potential for renewed global growth prospects out to end 2024 and into 2025, as both businesses and consumers begin to borrow more and spend more, both domestically and internationally. Our macro base case still stands as we move into the final quarter of 2024: A soft landing with GDP growth remaining close to, or moderately below trend across developed Markets
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SP-Q3-2024-Investment-Review-Outlook-2024