“Nobody knows anything.” Always remember screenwriter William Goldman’s famous dictum when confronted with economic and market forecasts, especially if they have been as consistent as a weathervane. Following the banking turmoil, the fashionable view of the global economy’s prospects seems to have shifted to a “hard-landing” recession. This scenario has eclipsed “a fashionable opinion just weeks ago”
From the editor...
Apr 21, 2023
2 minutes
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