As the global economy builds on its recovery this year, markets may see increased volatility due to divergent central bank policies, geopolitics and election outcomes. After a quarter of the world's 45 largest economies fell into recession in 2023, the first half of 2024 brought a global economic recovery helping to lift the world's stock market nearly 10%, measured by the MSCI World Index. While we expect the second half of the year to build on this recovery, it may be characterized by a divergence in central bank policy and election-related risks that have the potential to increase stock market volatility. The ... (full story)