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Between energy shocks and market rebound: what scenario for the global economy?
The rebound in markets since the announcement of the ceasefire in Iran is drawing attention, even as the Strait of Hormuz remains closed and the energy shock continues. Sharp increases in oil and gas prices, along with rising pressure on interest rates, mean that uncertainty remains high and continues to weigh on global growth prospects.
In this still-fragile geopolitical context, are markets showing excessive optimism? What scenarios can be expected in the coming weeks, and what are the implications for the economy and investments?
Answers with Xavier Chapard, Strategist at LBP AM, in our feature “Seen on the markets.”
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