NDJI ETF

Broad equity indexes rose in November on hopes of easing inflation and a potential end to rate hikes. Despite gains, investors still face a muted outlook for U.S. equities in 2024.

Investors face a challenging outlook for 2024, with estimates of further U.S. economic slowing heading into the new year. It remains to be seen if slowing translates to a full-on recession or if the U.S. sidesteps recession in 2024.

Federal Reserve rate hikes may be drawing to a close, but investors still face a grim economic forecast heading into 2024. Given waning U.S. consumer strength and mounting U.S. household debt, further purchasing pullback could prove challenging in the coming months.

Markets are rife with risk at the beginning of the fourth quarter as inflation, recession, geopolitical risk, and more threaten. Investors seeking exposure to reliable income sources in a challenging macro environment should consider blue chip companies.

Bond yields continue to climb in the final quarter of the year as interest rate risk looms large for investors. Advisors looking beyond bonds for income opportunities should consider the Nationwide suite of ETFs.

The economic forecast for 2024 looks increasingly grim as the Fed commits to higher rates for longer. The surprising economic resilience of this year faces challenges looking ahead.

Higher interest rates by the end of the year and higher for longer rates creates a challenging outlook for bonds. In such an environment, there is opportunity in equities with Nationwide's ETF suite that seeks to mitigate volatility while enhancing income.

The strong equity performance of much of 2023 faces increasing challenges as investors weigh the potential for recession next year. Advisors looking for flexible equity exposure without sacrificing income should consider the Nationwide ETF suite.

The Federal Reserve's commitment to another rate hike by year-end, alongside diminished forecasts from an increasing number of companies looking to next year, reflect the challenging economic environment as recession risks loom in 2024.