Real Estate Convictions 2024 Q1
5/2/24
While uncertainty dominated during the first months of the year 2024, it would seem that the worst time for global growth has passed. Indeed, the possibility of a US recession following the monetary tightening seems to be ruled out due to the resilience of the economy. Similarly, the latest figures for Chinese growth have been better than initially anticipated, although they remain low compared to recent years. Thus, global growth is forecast at +2.4% for 2024, before a more dynamic recovery in 2025 (+2.8%).
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