Goldman Unveils Top Global Investment Themes For 2024

Earlier this week, Goldman unveiled their macro outlook for 2024. Suffice to say the bank's optimistic about the odds of a soft landing. Growth, Jan Hatzius said, should be healthy and the so-called "last mile" in the disinflation process (e.g., from ~4% down to ~2%) will be perhaps easier than some economists believe. The key point is that central banks won't necessarily have to countenance, let alone engineer, a downturn to restore price stability. As Hatzius put it, there's "just no need fo