Macro Insights Q4 2024

Macro Insights: Fisher Investments’ global macro perspective in charts

In a busy year for global elections, most contests are now complete and while some political uncertainty remains, much of the election uncertainty from this year has passed. Countertrends have recently emerged, but they may prove temporary as the bull market cycle continues progressing. Consumers, corporations and banks are healthy, creating a stable backdrop for markets. Additionally, investor sentiment has steadily improved as this market has matured, now showing signs of optimism—but widespread euphoria seems far off.