Invest in foreign bonds, REITs, healthcare, and tech stocks for 2024, advises Tisco bank

Tisco Bank’s Head of Wealth Advisory, Nattakrit Laotaweesap, advises investors to focus on foreign bonds, real estate investment trusts (REITs), and healthcare and technology stocks in the next year as a safeguard against potential downturns. The global economy’s pace is anticipated to decelerate next year due to the impact of tighter monetary policies, which could result in a potential downgrade in global listed companies’ profits, Nattakrit said.

“Investors should consider investment strategies that yield profits despite negative factors.”

Tisco anticipates an end to the cycle of interest rate hikes, predicting that central banks will gradually lower their policy interest rates throughout the next year. This expected move will lead to a decrease in government bond yields.

According to Tisco, bonds and REITs are likely to emerge as asset…