It’s tempting to think the global economy is always in a fantastic, growing stage. However, the current global macroeconomic scene indicates we are in a slowing or declining cycle.
Key takeaways from the analysis:
This slowing cycle has not changed since the pandemic and is unlikely to change for the next five or more years globally.
Most developed economies are in this declining stage.
While some pockets of growth exist (which growth-oriented investors can look for) , the major trend is slowing.
A divergent policy channel is at play, with the US diverging from other major central banks, triggering both policy-related and risk-related money flows.
What are your thoughts on this slowing cycle, and where do you see the most significant pockets of growth emerging?
