The last months of 2023 provided some relief for investors, with both bonds and equities gaining. Data suggesting inflation is easing reinforced investors’ view that most developed market central banks have finished their monetary tightening cycles.
As we are approaching the end of the year, we would like to reflect on the market narrative swings over the course of the year and share with you our initial thoughts and expectations for 2024 on both the economy and the M&A landscape.
As the year draws to a close, the entire VDP team extends warm holiday wishes to you and your cherished ones. We look forward to sharing more newsletters with you starting January 2024 in a slightly updated format. For now, we wish you a merry Christmas and a prosperous New Year.
We hope you enjoy this November/December reading!
Sincerely,
The VDP team
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