Q4 2023 Summary – Grim economic forecasts successfully thwarted in 2023

By |2024-01-31T14:07:40-08:00January 29th, 2024|Uncategorized|

Macroeconomic Environment The most widely predicted recession in recent history did not materialize in 2023. In late 2022, 85% of economists polled by the Financial Times predicted a recession in 2023. Consumers were also gloomy, affected by post-pandemic blues and worries over rising inflation, especially gas and food prices, and stagnating wages. In 1Q23, [Read More]