Counterpoint Macro Index, Q3 2024
Overview
: Counterpoint’s Macro Index increased slightly to 90.3 at the end of Q3 2024, from 89.33 in Q2 2024. The three-month outlook is expected to improve slightly to 93.29., while the 12-month outlook has been revised up slightly, mainly due to continued improvements in the global economy and bullish sentiment in tech. However, non-economic and non-tech related fields remain highly volatile, particularly with the political and geopolitical environment reaching a tipping point.
The uptick in Q3 can be attributed to improving economic prospects across most regions, as the global fight against inflation reaches the end-game. Central banks are firmly in a rate cut trajectory, offering relief to consumers and businesses alike. Tech sentiment also remained high due to continued AI frenzy and positive commentary during the Q2 earnings season, as well as a rebound in consumer sentiment due to lower inflation.
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Category
Industry
Macro and Geo-politics
Report Type
Report
Time period
Quarterly
Summary
Published
Oct 25, 2024
Contact us
Author
Yeree Yoon
Yeree is a Research Analyst at Counterpoint Research, based in South Korea. She tracks and analyzes smartphones, wearables, TV, wireless charging, Macro services across various regions and countries.
Archie Zhang
Archie Zhang is a Beijing-based research analyst specializing in the smartphone market.
Formerly an award-winning Financial Times journalist covering China’s tech sector, Archie brings a unique blend of industry insight and storytelling expertise to market analysis.
Yang Wang
Yang is a Senior Research Analyst at Counterpoint Research, based out of London. Yang has 10 years of work experience with particular interest in mobile devices, ecosystems, Emerging Markets, supply chain and macro topics that affect the global technology industry. As a tech analyst he has been quoted extensively by leading financial and media outlets. Yang started his career as a management trainee at Jardine Matheson, worked in business development at a SaaS startup, and most recently held marketing and research roles at KaiOS Technologies. Yang holds a Master of Science in Management from London Business School, and a Master of Science in Psychology from the University College of London.
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