In "Europe, at a Crossroad", we provide an update on the global and local economic situation, the markets and the real estate sector in the context of persisting economic volatility. We expose our stance on the expected future evolution of the main economic variables which is essential to optimise decisions in a time of continuous turbulence. We analysed inflation in the US, gas in Europe and the Chinese real estate crisis, and ended with the stock markets and the distinction between more and less overheated real estate sectors.