Back to school for global markets

Q3 and Q4 outlook

So far, 2023 has taken most people by surprise. It was supposed to be the year of global recession and further sharp falls for global stock markets.

The former has yet to arrive, and most equity indices have avoided any additional sharp losses. Indeed, far from heading lower in 2023, equities as an asset class have performed well, with record highs for the Dax and CAC40, and US markets have recovered much of the ground lost in 2022. 'Long-awaited' reform of non-financial misconduct represents a 'big shift' for FCA As we get back to our desks following the summer, what can investors expect next? The macro picture Since the end of 2021, global monetary policy has tightened significantly. Interest rates have gone from record ...