Keys of the day: the US will enter recession, Trump does not care about Wall Street and Europe will be very damaged
Keys of the day: the US will enter recession, Trump does not care about Wall Street and Europe will be very damaged
The global economy enters a critical phase. According to the latest macroeconomic indicators and the forecasts of several international analysts, the United States is heading towards a technical recession in the next quarters. Growth slows down, inflation still gives up to the expected rhythm, and the Federal Reserve maintains a restrictive policy that slows consumption and investment.
And Trump seems to do not care Wall Street. That the only real objective it has is to rebuild the US economic structure to make it resilient in the face of a possible geopolitical or other shock.
Europe is another of the great victims. Its commercial exposure, the energy dependence and the lack of a coordinated fiscal response leave it in a vulnerable position. Germany already flirts with stagnation, France reviews its growth forecasts and southern Europe is again under the magnifying glass of the markets.
In summary, the combination of recession in the United States, political uncertainty and European fragility draws a convulsive scenario for the coming months. Central banks will have to choose between fighting inflation or avoiding a greater economic collapse.
