What a difference a year makes

Published: Jan. 1, 2024, 3:25 p.m.

Expectations for 2023’s economy were rather sour \u2014 and what delivered blew predictions out of the water. But what are economists anticipating for the year ahead? Plenty of high hopes, including predictions of a rising S&P 500 index, falling inflation, lower interest rates and an economy that is slowing but resilient. And later: Could the state of the U.S. and China’s economies be a chance for thawing economic relations?