(MT Newswires) -- Barbara Reinhard, Voya's Chief Investment Officer and Head of Asset Allocation, believes that the US is unlikely to enter a recession in 2024 due to the progress made in controlling inflation. She also warns that emerging market equities are likely to be among the losers when the Fed starts cutting rates. As far as equities are concerned, she predicts a potential rise of 10-12% in 2024, although she warns that the journey will not be smooth, with high volatility around the time of the US elections.

Bloomberg videos