Christine R.’s Post

Check out the latest business cycle update, for the second quarter of 2024, from my colleagues on Fidelity’s Asset Allocation Research Team. https://bit.ly/3VTctIY Many major economies, including the U.S., remained in the late-cycle expansion phase and registered hints of stabilization and even reacceleration in some areas. Expectations of monetary easing have contributed to improving global financial conditions, and worldwide manufacturing activity has firmed. China remained an outlier, as it continued to ease policy in hopes of reaccelerating from its growth slump.

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