A year ago, I wrote that rather than indulging in the traditional exercise of new year predictions, it would be better to consider the big picture and the potential implications of that picture on investment decisions.
Despite the emergence of the new variant of the coronavirus, Omicron, global economic growth remained robust at the year-end, write Guy Wagner and his team in their latest monthly market report “Highlights”.
Signs of moderation in global economic growth that appeared during the summer months were confirmed with the publication of third-quarter growth figures, write Guy Wagner and his team in their latest monthly market report “Highlights”.
First signs of moderation in global economic growth, moderation of economic growth in China continues, US Fed signals upcoming reduction in asset purchases, equity markets are getting more volatile.
Although some countries have taken measures to curb the pandemic, the restrictions are limited and the economy is continuing to recover, both in manufacturing and services, says Guy Wagner, Chief Investment Officer and managing director of BLI – Banque de Luxembourg Investments.