© a.s.r. 2024
07 June 2022 | 1 min. readingtime
May was not a great month for financial markets, although better than April. Unfortunately, we don’t foresee much relief coming from either inflation or economic growth. Inflation in the eurozone is increasing and becoming more broad based, while it remains high in the US. Central banks are coming under increased pressure to raise rates, which increases recession risks. Meanwhile, China’s economy remains lackluster and we argue that letting go of the zero-covid policy is not as easy as it seems. We think the global economy will remain stuck in this low growth and high inflation environment for the time being. Read the entire review:
Download