Though global recession predictions for 2023 fell flat, some caution on the US economy is warranted. If the Chinese slowdown does not spread into a global contagion, India can count on bright spots like the China 1 strategy attracting companies and investments seeking to exit China and downward pressure on commodity prices. Rate cuts in the US will increase liquidity and potentially higher FDI and FII flows into India in 2024, and Indian equity markets are definitely an attractive proposition
Global Economy 2024: Positives in macro outlook outweighing uncertainties, India in a position to dream big on December 29, 2023 at 4:42 am
