by Bill O’Grady & Patrick Fearon-Hernandez, CFA | PDF
(This is the final BWGR of 2023; the next report will be published on January 15, 2024.)
As is our custom, in mid-December, we publish our geopolitical outlook for the upcoming year. This report is less a series of predictions as it is a list of potential geopolitical issues that we believe will dominate the international landscape for 2024. It is not designed to be an exhaustive list; instead, it focuses on the big-picture conditions that we believe will affect policy and markets going forward. They are listed in order of importance.
Issue #1: The Jungle Grows Back
Issue #2: Elections Everywhere
Issue #3: The U.S. Elections
Issue #4: U.S.-China Tensions
Issue #5: Shifting Geopolitical Blocs
Issue #6: Russia-Ukraine
Issue #7: Israel-Hamas
Read the full report
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These reports were prepared by Confluence Investment Management LLC and reflect the current opinion of the authors. Opinions expressed are current as of the date shown and are based upon sources and data believed to be accurate and reliable. Opinions and forward-looking statements expressed are subject to change. This is not a solicitation or an offer to buy or sell any security. Past performance is no guarantee of future results. Information provided in this report is for educational and illustrative purposes only and should not be construed as individualized investment advice or a recommendation. Investments or strategies discussed may not be suitable for all investors. Investors must make their own decisions based on their specific investment objectives and financial circumstances.
