2023 A Year In Review



A whistlestop tour of the last 12 months, some key events in 2023 impacting the global economy and markets, and looking ahead to what 2024 may have in store

What a year 2023 was!

The world continues to change at a ferocious pace. Looking back over 2023, so much has happened; from the rapid progress of AI to the fast-changing global energy resource map, as the green energy transition gathers momentum. The ‘permacrisis’ theme has played out throughout the year, with the continuing conflict in Ukraine and more recently the Middle East, shocking the world. Meanwhile, instability in the banking sector in the US and Europe rattled financial markets during the spring. The global economy continued to confront the challenges of persistent inflation and subdued growth prospects, with increasing divergence across economies an ongoing theme.

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