October - November, 2021

Written By Matto Petrini
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Key Highlights

  • World economy has probably reached its peak, mid cycle slowdown after its flash recovery.

  • Global growth remains above trend supported by fiscal stimulus and an accommodative global monetary stance.

  • Economic data released are in line with analysts’ expectations (no positive surprise).

  • Employment’s data will allow the US Federal Reserve to reduce its asset purchases program in the coming months.

  • Thanks to vaccines and Covid pass less restrictions on mobility.

  • In the short term inflationary pressures remain a concern.

Matto Petrini
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August - September, 2021