Market Perspectives: Recession Risks Ahead

Market Perspectives: Recession Risks Ahead

July 21, 2022

At the start of the year, we expected global economies to continue to recover from the effects of the COVID-19 pandemic but at a more modest pace than in 2021. While that holds true, the pace of change in macroeconomic fundamentals such as inflation, growth, and monetary policy has failed to live up to expectations.

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