Our take on global economic conditions and equity markets
12 juil. 2023
We attempt here to recap and simplify our take of the situation, which is somewhat complex. Global GDP growth stood at 4% at an annual rate in Q1 2023 and eased back to just under 3% at the beginning of Q3. The first question that should guide any evaluation of future trends is why the global economy has so far managed to avoid falling into a clear recession despite the multitude of shocks experienced in the past couple of years...