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Monthly Letter - Economic Environment - January 2020

Strategy  —  15/01/2020

Marc-Antoine COLLARD, Chief Economist, Head of Economic Research, Asset Management, Europe

 

After reaching a peak last summer, the likelihood of a global recession has receded. Yet, the latest World Bank Global Economic Outlook still shows that downside risks predominate. Not enough, it seems, to raise investors’ eyebrows as central banks are again pouring a mountain of liquidity into the financial markets and geopolitical risks have somewhat diminished. Read more....