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By Javier LENDINES, General Manager of MAPFRE AM
Following a particularly complicated 2022 for all asset classes, marked by inflation, monetary tightening and economic weakening, this year will end very strongly on the markets, and everything suggests that this optimism will carry over into 2024.
“After a horrible 2022 for returns on mutual funds and pension plans for all portfolios, if everything remains the same over the coming days, 2023 will end with very impressive returns,” explains Javier Lendines, general manager of MAPFRE AM, who rules out a recession in 2024. The growth forecast for the world economy next year is 2.2%, according to the “Economic and Industry Outlook for 2023: fourth-quarter perspectives”, prepared by MAPFRE...
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