Mackenzie Investments 2024 Market Outlook: Investment Themes Propel Opportunities in the Year Ahead

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[{"type":"text","content":"\n \n \n \n Mackenzie Investments 2024 Market Outlook: Investment Themes Propel Opportunities in the Year Ahead\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Investors should look to bonds, the energy transition space and\n \n \n innovative companies to help drive returns\n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Nov. 27, 2023\n \n \n /CNW/ - Mackenzie Investments (\"Mackenzie\") today released its economic and market forecast for the year ahead in its\n \n \n \n 2024 Market Outlook\n \n \n \n . The annual report features commentary from a range of investment experts and portfolio managers who offer insights into emerging themes that may impact Canadian and global capital markets in 2024.\n \n \n \n \n \n \n \n \n \n Mackenzie forecasts slowing global growth in 2024 as developed economies move past peak inflation, and major central banks approach the end of a two-year interest rate hike cycle. The report predicts that elevated geopolitical tensions will contribute to volatility and could put upward pressure on energy prices and constrain global trade, while fixed income markets and the energy transition themes will likely represent compelling investment opportunities.\n \n \n \"With consumers continuing to draw down their pandemic savings and government spending in decline, our outlook points to slowing growth in 2024,\" said\n \n Lesley Marks\n \n , CIO of Equities, Mackenzie Investments. \"Elevated macroeconomic risks suggest a 'safety first' investment approach, with bonds becoming more attractive and opportunities for equities to appear among a lower earnings backdrop later in the year.\"\n \n \n Mackenzie has identified three key themes that it believes will provide opportunity for investors in 2024:\n \n \n \n \n Look to Bonds to Drive Yield\n \n \n \n Bond yields are reaching highs not seen since the 2008 financial crisis and may lift the asset class to the forefront of asset allocation decisions in the year ahead. High-quality bonds with attractive yields may offer better opportuniti...

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