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Hear Joe Davis’s take on what’s ahead in 2023 for the economy and financial markets. Inflation is abating, but at what cost? Our comprehensive outlook has further details

By: Vanguard Research https://vgi.vg/3WDpTqj Vanguard economic and market outlook for 2023:Beating back inflation● Generationally high inflation has led to a marked slowing in global economic activity.Rapid monetary tightening aimed at bringing down inflation will ultimately succeed,but at a cost of a global recession in 2023.● Current and...

A Stagflationary Debt Crisis Looms

Jun 29, 2022NOURIEL ROUBINI There is ample reason to worry that major economies like the United States are heading for a recession, accompanied by cascading financial turmoil. Some of the worst elements of both the 1970s and the 2008 crash are now in play, with equity...

Stagflationary global debt crisis looms – and things will get much worse

Nouriel Roubini There is ample reason to fear big economies such as the US face recession and financial turmoil Equity markets are likely to move deeper into bear territory. Photograph: Justin Lane/EPA Thu 30 Jun 2022 07.00 BST The global financial and economic outlook for the year ahead has soured...

The Current Moment and the Changing World Order | Ray Dalio