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 * Key Issues
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   FEATURED ITEMS FROM KEY ISSUES
   
    * CAN THE WORLD COPE WITH HIGHER INTEREST RATES?
      
      We expect the most aggressive policy tightening cycle in decades to cause
      a slowdown in global economic growth, not a severe downturn. The biggest
      risk is that inflation stays higher for much longer than we anticipate,
      causing central banks to raise interest rates well beyond neutral levels
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      1st June 2022
   
    * RUSSIA’S ECONOMY IS WOUNDED, NOT SCREAMING IN PAIN
      
      Western sanctions have caused activity in certain sectors of Russia’s
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    * IS THERE REALLY SUCH THING AS A ‘JOBFUL’ RECESSION?
      
      While history shows that recessions can begin even while employment is
      still rising, the current rate of payroll employment growth is far too
      strong to be consistent with an economic downturn. By the same token,
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      11th August 2022

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   FEATURED ITEMS FROM COMMODITIES
   
    * WE’RE LESS UPBEAT ABOUT OPEC OIL SUPPLY
      
      Concerns about the demand outlook have dragged the Brent crude oil price
      towards $90 per barrel this week. But, the supply-side concerns which
      pushed the price over $120 per barrel not too long ago haven’t entirely
      vanished. Indeed, following the OPEC+ meeting this week, we are now less
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    * GLOOMY OUTLOOK FOR USE OF AGRICULTURALS IN INDUSTRY
      
      Deteriorating global economic growth over the coming quarters will weigh
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      10th August 2022

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   FEATURED ITEMS FROM PROPERTY
   
    * THE SIX MAJOR MARKETS WILL NOT BE THE ONLY LOSERS
      
      Pandemic-accelerated migration patterns were already driving
      outperformance in the southern states. But they have also brought the poor
      performance of weaker markets to the fore. With those structural changes
      likely to continue to play out over the next few years, we expect metros
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      10th August 2022
   
    * GLOBAL TRENDS POINT TO A MORE DIFFICULT DECADE AHEAD
      
      Commercial property wasn’t initially hit by the worsening in economic
      conditions at the turn of the year, but there are now growing signs of
      anxiety. Not only that, but even if the economic gloom is short lived and
      any downturn is mild, we expect structural factors to make for a listless
      global real estate recovery. In view of the wider interest, we are also
      sending this UK Commercial Property Update to clients of our European and
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      12th August 2022

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IN THE NEWS

EUROPE CAN — AND MUST — WIN THE ENERGY WAR

Research by Andrew Kenningham

07/09/2022 - 08:32

A SLOWING CHINA HELPS REIN IN INFLATION AROUND THE WORLD

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04/09/2022 - 09:14

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