Forecast 2024: Economic Slump & Rising Health Care Costs
TL/DR -
The U.S. economy expanded rapidly in 2023 due to consumers' ability to tap into extra savings accumulated during the pandemic, slowing inflation and fuel prices, and a stimulative fiscal policy, according to Julius Bendikas, Mercer’s European head of economics and dynamic asset allocation. However, Bendikas predicts the economy will slow…