Opinion: Stay defensive, with lots of cash: This mutual fund giant is cautious about markets in 2024

Every year around this time, the giant Baltimore-based investment shop T. Rowe Price Group TROW sends investment managers and strategists to New York City to offer a year-ahead outlook on stocks, bonds and the global economy. 

Given the caliber of profesionals that T. Rowe Price’s $1.3 trillion in assets under management can buy, it is an event worth attending. Here are five key investing insights from this year’s briefing. 

1….