Eurizon The Globe: At What Point Is The Revision Of Consensus?
The latest issue of ‘The Globe’, Eurizon’s publication describing the Company’s investment view. In this issue, a focus is dedicated to “at what point is the revision of consensus?” ScenarioThe overall picture is marred by a complex intertwining of themes that act restrictively on the global economy. US inflation has probably peaked, but the decline will be slow and non-linear, as proven by April data, still stronger than expected. Price tensions will also be kept in place by the new lockdowns enforced in China and by persistently high commodity prices due to the war. Q1 2022 hedge fund letter...