This monthly commentary gives a roundup of global markets and trends.
In this edition:
- The IMF expects the UK to post the weakest real GDP growth rate out of the G7 economies in 2023, with consumption growth weighed down by high inflation
- In spite of the domestic turmoil, UK stocks have outperformed their international peers, and the dominant commodities sector may get another boost from the reopening of China
- UK stocks may also benefit from optimism that the Federal Reserve is set to pause on US interest rates as inflationary pressures weaken
- With the ‘Great Moderation’ at an end, we also explore the four key megatrends likely to shape the next decade and beyond
The value of an investment may go down as well as up and you may get back less than you originally invested.