Smoother Seas Ahead - Sunday Roundup, January 7, 2024

New year, new… Oh wait. Expectations for the year ahead look akin to remarks made in 2023, which Forbes labeled as the year of bad predictions. Bloomberg reported that outlooks from major banks, advisers and asset managers envisage the same middle-of-the-road scenario in 2024: They see interest rates finally starting to bite, a benign economic slowdown, and a central bank pivot to easier policies setting the stage for a late-year rebound.