Economic outlook - Strategy Investment

In a nutshell The last three decades have witnessed a profound transformation in global commerce In this context, political and popular scepticism about the benefits of free trade has risen –...

In a nutshell A heavy political agenda (USA, Italy, France, Germany) may trigger short-lived spikes in volatility and risk aversion The combination of sluggish, irregular growth and low rates we...

Growth is set to remain uneven and sluggish across major economies this year. It will stay above potential in the eurozone, narrowing the gap with the United States which should remain the strongest...

Despite a less supportive macro backdrop, we still do not see a recession looming. Slow global trade flows are impacting heavily industrialised economies. Conversely, consumer spending on goods and...

Financial markets often seem fickle. Some of the strongest returns in equities, for example, are recorded when the outlook appears bleakest. Part of the explanation for this can be found in the study...

After a slowdown in global growth, notably in manufacturing output and world trade, we expect a pick-up helped by robust consumer spending, low energy prices and abundant liquidity. The only large...

• Another winter slump in the US, stronger growth in the eurozone thanks to external factors and continued slowdown in China. The global economy will remain out of sync as we enter the second half of...

• The outlook for the global economy remains mixed. US growth is broadening but not accelerating, Japan is picking up after last year’s brief recession, and the eurozone has begun to recover. Emerging...