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The gathering storm

June 24, 2022
The global outlook is moving in a stagflationary direction. Inflation momentum has continued to build, leading to central bank tightening that will slow growth across the key economies. Russia’s invasion of Ukraine has disrupted key commodity markets and supply chains. [more]

More documents contained in "The House View - Snapshot"

44 (13-24)
November 25, 2020
15
The global economic outlook has improved since September thanks to the positive vaccine news, and we now see global GDP returning to its pre-virus levels in Q2 2021. Significant risks around this forecast remain both to the downside (if the virus were to spread more severely this winter or a vaccine rollout were delayed) and the upside (if a vaccine rollout is quicker than anticipated). [more]
September 24, 2020
16
Over the summer months, the outlook for the global economy and financial markets has brightened. As such, we now see the global economy contracting by a smaller -3.9% this year, with global activity returning to its pre-virus level by the second half of next year, albeit with the major developed countries likely to take several more quarters to reach the same point. [more]
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