Given the prevailing optimism in financial markets, the long-awaited recession is being postponed again, even though central banks are cautious about tightening monetary policy.Moreover, the Organization for Economic Cooperation and Development revised its 2024 global economic forecast upward by 0.2 percentage points. This contrasts with forecasts of a hard landing...The projections now point to a global GDP of 2.9% for 2024, up from November's estimate of 2.7%, and for 2025 it is expected to remain at 3.0% ). India leads the way over the next two years, followed by Indonesia.January also brought positive news from the JP Morgan S&P Global PMI indices, with Manufacturing at 50 (vs. 49.0 prev
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