Report Detail Summary

The First Quarter 2024 Outlook

December 10, 2023

The LJE quarterly forecast has a dual purpose. One is to produce a forecast that accurately captures the economic environment we foresee for the coming quarter. The second objective is to dress up the forecast with a parsimonious and coherent description of the foreseen economic environment. Our analysis paints to the following picture for the coming 12 months: A slowly declining inflation rate and pace of economic expansion. The forecast adds up to A flat-to-low-to-flat single-digit earnings growth and low single-digit stock market returns during the next twelve months.

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The ValueTiming™ strategy is based on the assumption that politicians and policymakers have particular views of the world, and that they will in general adopt policy measures that are consistent with these views.


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