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Quarter-End Insights

Our Outlook for the Economy

Like an ocean liner, the U.S. economy is tough to turn, for better or worse.

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  • The U.S. economy survives higher interest rates with slow but steady growth and lower inflation.
  • The European and Chinese economies are picking up steam as emerging-markets economies slump.
  • Beneath a steady U.S. economy, our sector teams point to tectonic shifts in business.

Robert Johnson, CFA does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.