Our midyear outlook: Anticipating a brief, shallow economic slowdown
For professional investors only.
As we enter the second half of the year, our Chief Global Market Strategist Kristina Hooper offers thoughts on where major global markets are heading. ‘Our base case anticipates a relatively brief and shallow economic slowdown,’ she writes. But she adds that significant risks remain given central banks have had to increase interest rates to stem high inflation.
We recognise there is the potential for more financial accidents and that there can be collateral damage, such as increased stress on the commercial real estate sector. In addition, there continue to be significant geopolitical risks,’ she says.?Our full mid-year outlook will be published soon. In the meantime read Kristina's preview here.
Climate adaptation – actions that can be taken to adjust and adapt to the current and future impact of climate risks – is a key area for investors. Investing in resilience today can help to mitigate future climate-related liabilities and costs, both direct (such as physical damage to assets) and indirect (such as higher insurance costs).
Adaptation can therefore provide a triple dividend: it avoids economic losses, brings positive gains, and delivers additional social and environmental benefits. Find out more about climate adaptation here.
As Pride Month ends, we look back at conversations we’ve had about allyship. At Invesco, our Proud Network is an active group whose activities create an open and supportive workplace environment. We sat down with three members of the network to discuss the role that allies can play.