Global Economy Faces Challenges in 2024

Germany's economy struggles, top stock pickers turn to Chinese energy and Japanese real estate, and US stocks waver as data suggests a tough start to the year.

• Germany's economy is expected to struggle in 2024 due to energy woes, a downturn in global demand, and lagging in the race for electric-vehicle dominance.
• Top stock pickers are seeking gains in Chinese energy firms and Japanese real estate, despite the challenging economic landscape.
• US stocks are wavering as data suggests a challenging start to 2024, with the S&P 500 on track to snap its nine-week bull run.
• Despite the economic challenges, some investors remain optimistic about the potential for growth in the latter half of the year.
• China's shadow banking giant, Zhongzhi Enterprise Group Co., has filed for bankruptcy, marking one of the country's biggest-ever corporate collapses.

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