Forecasts of an imminent recession are difficult to reconcile with recent economic developments. Despite strong headwinds related to restrictive monetary policy and persistent inflation, the global economy has remained resilient […]

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The world economy is adjusting to a more restrictive policy environment. […]

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The world economy is on a slowing trajectory. While inflation has moderated from multi-decade highs in many countries, central banks are maintaining efforts to prevent above-target inflation becoming entrenched […]

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We believe that the outperformance of growth stocks relative to value in the past decade is an anomaly, such as it was in the 30s and 90s […]

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Equity markets closed the third quarter on a volatile note. Higher interest rates, headwinds from the Russia-Ukraine war and sporadic lockdowns in China have increased concerns about global growth. […]

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Rising interest rates, high inflation, the Russia-Ukraine war, and renewed lockdowns in China all present challenges to the world economy […]

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