The global economy has outperformed even Goldman Sachs's optimistic expectations in 2023,

led by the US. But with higher interest rates and rising geopolitical tensions still front and center

on investors' minds, can this solid performance continue?

And what might be the implications for markets?

We expect more of the same, similar global growth numbers in 24 as in 23.

And then as far as inflation is concerned,

we expect to get back to the neighborhood,

at least, of Central Bank inflation targets.

I'm Allison Nathan and this is Goldman Sachs exchanges.

In this episode we're discussing the economic and market outlook for the year

ahead with the on Hoxias the firm's chief economist and head of global

investment research and Dominic, senior advisor in the

Global Markets Research Group.

Jan and Dom recently published their 2024 Macro Outlook entitled The Hard Part is Over.

Yandom welcome back to the program.

Thank you.

Great to be back.

There's always so much anticipation of our outlook reports and sitting next to you all for the last

several weeks, if not months, and seeing how much work and effort and thought goes into them.

I'm excited to dig into the report with you now and maybe put you on the hot seat.

Let's get started with the observation that a year ago when we sat down to do this the investing community was

largely convinced that the US economy was heading into recession but that hasn't

...