The Tilney Investment Outlook - May 2022
Slowing growth versus rising rates?
This monthly commentary gives a roundup of global markets and trends.
In this edition:
- Global growth is slowing as the Ukraine crisis weighs on energy markets and China locks down to prevent the spread of the latest Covid strain
- A buoyant labour market provides some hope for stock market investors, with jobless rates in the UK, Eurozone and US below pre-pandemic lows
- Central banks remain committed to raising interest rates in the short term, but there are signs that US inflation is peaking
- Any slowdown in inflation could temper the need for the Federal Reserve to raise rates aggressively
This article was previously published on Tilney prior to the launch of Evelyn Partners.