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Markets continued to rebound strongly in first half of 2024 as major central banks initiated or signaled interest-rate cuts. While economic resilience, healthy consumer spending, and moderating inflation were prominent economic themes, heightened geopolitical risks add uncertainty to the outlook. Against this evolving backdrop, PGIM asset managers highlight key trends that are shaping the second half of 2024 and identify attractive opportunities to prepare investors for the next phase of this economic cycle.
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