Euro area: Worst over, slow recovery ahead
Euro area business climate indicators are gradually picking up, providing a positive backdrop for European markets.
Wednesday 27 January 2021
Markets closed 2020 on strong footing and the recent Democratic sweep in the US makes a greater fiscal push more likely, leading us to lift our 2021 GDP growth forecast for the US to 5.2-5.7%, 1% above previous estimates. This marks a great divergence between the US and the rest of DM, where we have been lowering our forecasts...
Euro area business climate indicators are gradually picking up, providing a positive backdrop for European markets.
A new decumulation strategy, the “Success Rate Optimiser”, sets out income needs in advance and uses a dynamic asset allocation approach.
With 2024 global GDP growth forecast similar to the numbers of 2023, the IMF is no longer expecting a slowdown.