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Back Is the World Heading for a 2009-Style Recession?


Is the World Heading for a 2009-Style Recession?

60 mins.
16 NOVEMBER, 2022
Leopoldo Torralba
Ignacio de la Torre
Macro Spain Macro Global Monetary Policy Real Estate Tourism sector Energy Geopolitics Spain Global AER Global AER Personal
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The latest data releases point towards a deterioration of the macroeconomic environment over the course of the last few weeks across the world's major geographies. In the back drop of an energy crisis, high inflation and interest rate hikes, it is important to check whether the impact will be intense and protracted before making any investment decision. In this economic update, we reflect on the potential timing of the economic rebound, and offer our thoughts on whether central banks might announce changes in monetary policy, given both events are closely linked to possible market movements.

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