This could be described as the first full year since 2020 that the Covid-19 pandemic has not dominated the headlines and been at the forefront of economists’ minds. Other concerns, such as the return of high interest rates, volatile energy supplies and geopolitical conflict have taken precedence.
The strength of the US economy has certainly been front of mind for many, as it continually surprised to the upside and defied analysts’ expectations for a recession. Latin America has also been strong with its two bellwether economies, Brazil and Mexico, putting in robust performances.
