Navigating 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.

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.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

   

Next In Business News

CPO futures likely to trend lower next week
Oil ends week lower as demand concerns face Russia supply ban
CapBay empowers SMEs, offers investment opportunities
BFood aims higher amid rising competition
Bearish stance on bonds and currency
Steady outlook for luxury condominium segment
No major change in salaries
Short position: Narrowing of valuation discounts, Food for thought
Long way to go for Malaysian carbon market
CEO shares insights into group’s outlook

Others Also Read