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PODCAST
Aug 10, 2024
09:23 MINS
The Decisive | Ep. 9 - Global macroeconomic themes
Recent economic data releases have sparked turmoil in financial markets around the globe.
S&P Global Market Intelligence’s interpretation of this recent data suggests that fears of an imminent US recession and related expectations of aggressive policy rate cuts are overdone. To be clear, our economists are not ruling out a US recession – that will remain a risk with financial conditions still restrictive – but the evidence to support it occurring imminently looks unconvincing at this stage.
As markets settle, we offer you this excerpt from our July 11th webcast, in which our global economist, Ken Wattret, reflects on key macroeconomic themes. We hope you find this commentary valuable in navigating the period ahead.
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