Economic and asset allocation views Q3 2021

Schroders
By July 9, 2021 16:57

Economic and asset allocation views Q3 2021

Economic overview .We are upgrading our forecast for global growth and now expect the world economy to expand by 5.9% this year (previously 5.3%) before slowing to 4.5% in 2022 (previously 4.6%). Our forecasts for inflation are also increased, with global CPI now expected to be running at 2.9% this year (previously 2.6%) and 2.5% in 2022 (previously 2.4%). By moving in a reflationary direction, we are recognising the success of the vaccine roll-out, official policy support and the adaptability of many firms to operate even under significant Covid-19 restrictions.

Schroders
By July 9, 2021 16:57

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