How will the global economy develop in the coming quarters? How will the monetary policies of the central banks differ? What scenarios are likely for the key financial markets? What are the associated specific medium-term forecasts (three weeks to a year)? What political risks could change the scenario completely?
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The trade war between the US and China also threatens to turn into a currency war. In the meantime, there are growing doubts about the effectiveness of monetary policy. The bond markets are already factoring in this gloomy scenario. Will the other markets follow suit?
The number of political and economic germs that are flitting around the world has increased. There are mounting fears that these are becoming resistant to the fiscal and monetary pills, powders, and injections. As the R months approach, another dreaded R-word keeps popping up. Wil the world economy fall prey to a recession?
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