High inflation, energy prices or rising interest rates. Despite some optimistic outlooks towards the end of the year, global risks remain a concern for investors, particularly because of an increasing likelihood of recession, as resulted from the macroeconomic and geopolitical events.
Q3 2022 Highlights:
- Slowing economic growth: Shocks in the macroeconomic environment gradually lead to a deceleration of economic growth. The pressure on the prices of risky assets is intensifying.
- The crisis in the currency markets causes the euro-dollar parity: Due to credit differentials and a disproportionate economic burden, the US dollar is entering a sharp growth auction.
- Rising interest rates increase equity risk: The degree of monetary policy tightening in the form of rising interest rates and the sale of government bonds in the US is historically unprecedented.
