Report
Industrial cycle: is a trough soon to be seen?
The downturn in the industrial cycle began a year ago in developed countries. At their current levels, the confidence indices point to a stagnation in manufacturing activity in the US, a contraction in Europe, very strong in the most energy-intensive segments. Are there any reasons to think that the low point is in sight? A statistical analysis of past manufacturing cycles over the long term suggests that a recovery could start towards mid-2023. However, the specific characterist...
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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