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null Could Delta Curb the V-shaped Economic Recovery?

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Could Delta Curb the V-shaped Economic Recovery?
13 Sep 2021
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CATEGORIES: AER Global Spain Global US Europe China Financial Markets Real Estate Monetary Policy Coronavirus Commodities
ANALYSTS:
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Ignacio De la Torre
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Leopoldo Torralba
During the summer, the media reported alarming news: 1. The efficacy of vaccines diminishes over time, as illustrated by the increasing cases in Israel, which was two months ahead of Europe in its vaccination schedule 2. The situation is worsening in the US and Asia as a result of the emergence of the Delta variant 3. It will be harder to achieve group immunity than initially expected. Moreover, as we warned in June 2020, inflation is rising, and this will have relevant consequences for interest rates
dot How has the outbreak of delta affected the evolution of the pandemic?
dot How are the different world economies performing?
dot What is happening in the markets?
dot What is our future stance on growth, inflation, interest rates, currencies and commodities?
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