Question
Due to tight labor and continued inflation, the federal funds rate has stayed elevated for most of 2023 and it looks like most of 2024
Due to tight labor and continued inflation, the federal funds rate has stayed elevated for most of 2023 and it looks like most of 2024 as well. However, the economy has stayed strong despite the impacts of higher short-term rates.
This is a link to the Goldman Sachs 2024 outlook. https://www.goldmansachs.com/intelligence/pages/2024-us-economic-outlook-final-descent.htmlLinks to an external site.
Do you agree or disagree with it? What are your expectations and why?
What are your expectations about the economy for the rest of 2023? What industries and sectors of the economy will be impacted due to your expectations? Which industries will do well and which will not?
According to your hypothesis, what are some long-term or short-term investments that you can make? (Please suggest specific investments (stocks, ETF, commodities) as well as the time frame of your suggestion).
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