Innovation and Technology
Advances in artificial intelligence, alternative energy and biochemistry are accelerating, providing exciting investment and growth opportunities.
Global Growth
Slowing economic growth and declining inflation in the US may lead to further decline in bond yields all over the world.
Crack in Global Credit Markets
Global Credit Markets at over $140 trillion is large than Global Equity Markets of around $110 trillion. So credit market does have influence on Equity market. It is almost impossible to know when or where cracks will emerge in credit markets, but it seems reasonable to expect some to surface over the next 12 months. That’s because in addition to higher borrowing costs, many firms will also face weaker demand for their goods and services as the economy slows next year.
Governance
About 40 countries comprising over half the world’s population will go to the polls in 2024, impacting economies, policies, investments, etc. Half the world’s population and GDP are heading to the polls at some point in 2024. Elections are scheduled in some of the world’s youngest democracies, Pakistan and Tunisia, and in the oldest, like the UK. The European Union is voting. So too is Taiwan. And Indonesia. And Mexico. In Russia, President Vladimir Putin’s re-election in March is all but certain. India is expected to return Prime Minister Narendra Modi to office. But on other ballots like in Austria or the US, the outcomes remain uncertain. The results from these votes will shape public policy in every corner of the globe: what to do about climate change and the economic impact of a warming world, how to handle surging immigration, what ballooning government debt’s impact on public projects will be, and how war and rivalries are reshaping geopolitical lines.
Blockchain Probable User Cases
Blockchain adoption is expanding beyond cryptocurrencies, finding applications in finance, logistics, and central bank digital currencies.
Elephant in Room
China is faced with challenges to its economy due to excess investment, over-indebtedness and slowing globalization. China, being 2nd largest economy, have significant effect on global economies.
Outlier
War over Taiwan would have a cost in blood and treasure so vast that even those unhappiest with the status quo have reason not to risk it. Bloomberg Economics estimate the price tag at around $10 trillion, equal to about 10% of global GDP, dwarfing the blow from Russia’s war on Ukraine, the Covid-19 pandemic and 2008 financial Crisis.