Why so? With inflation running at a four-decade high in the United States and the eurozone and central banks on an aggressive rate hike path, economic data points are beginning to show the weakening global economy with talk of recession dominating most discussions.
AS global markets ended the first half on a relatively sour note, market strategists and economists are now busy plotting their respective market views for the second half of this year as we head towards a near-perfect storm.
Why so? With inflation running at a four-decade high in the United States and the eurozone and central banks on an aggressive rate hike path, economic data points are beginning to show the weakening global economy with talk of recession dominating most discussions.