Report
What if 2022 is a bad year for global growth?
We fear that 2022 will be a worse year for global growth than is widely thought for three reasons: Chinese growth is likely to be weak, which will have a knock-on effect on many countries; Structural fiscal deficits will be reduced significantly; Consumers are likely to remain cautious; moreover, income distribution is skewed against wage earners. Weaker-than-expected global growth in 2022 would reinforce the downturn in commodity prices and the decline in inflation.
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
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