
Global GDP growth in 2023 averaged 1.2%, slow but not recessionary. We have rebounded from the pandemic without a secondary recession despite the “soft landing” which has been achieved and we are now moving into take-off mode.

The US leads the “developed” world at 2.4% real growth, twice the global average.

The “less developed world”, which typically leads the world in growth has median growth of 2.8%, just above the US rate.
The US ranks in the top one-third of the leading countries tracked by The Economist.

The US stock market has achieved a new all-time high based upon this solid progress and the outlook for the future.
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