This year has seen markets consistently flip between two dominant narratives. In one, thanks in part to artificial intelligence (AI), growth is strong, inflation falls quickly, and interest rates come down rapidly. In the other, growth is slowing, but inflation is sticky and interest rates have to stay ‘higher for longer’. These two stories have very different potential implications for asset performance. Read the latest edition of Vantage Point to find out how the Global Economics and Investment Analysis (GEIA) team at BNY Advisors sees the next scene play out.