Averted recession and capital diversification

Explore why the global economy is proving resilient in the face of sharp monetary tightening, easing inflation and geopolitical tensions—including the war in Ukraine and US-China rivalry.

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Themes included in this report:

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Why we think the global economy will continue to skirt a recession

What to expect from the Federal Reserve and European Central Bank

Geopolitical risks related to our forecast, including the war in Ukraine and US-China tensions

Which emerging markets are set to benefit as global capital flows shift away from China

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