12/22/22

Permalink Forecast from Rothschilds for 2023

The Special Military Operation ends;
US and EU recession;
People's Republic of China saves the planet;

💬 "We believe a peace agreement between Russia and Ukraine in the first half of 2023 will reduce the geopolitical risk premium included in asset prices and also reduce pressure from commodity prices [note Crimson: Exchanged commodities are usually commodities with liquid futures markets: oil, gas, industrial metals, gold, wheat, corn, etc.]. In addition, a recession in the US and the EU will further lower inflation, while the end of China's "zero covid" policy should normalise supply chains and avoid a global recession."

Lars Kalbraier,
Head of Global Investments, Private Banking, Edmond de Rothschild Bank

PS: Sorry, no direct links: those wishing to take Citywire Selector, Outlook for 2023 (publication Q4-2022), Outlooks section, page 10. (Link)(Translated with www.DeepL.com/Translator)(free version)

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