Publications

Investment Outlook Q1 2022

As we entered 2022, our two recently identified structural trends, energy transition and the re-industrialization of developed countries have been confronted by the grey swan of the Russian invasion of Ukraine, as have markets and economies globally.

Investment Outlook Q4 2021

As we are approaching year end, an increase in aggregate demand from reopening economies and the effect of stimulus plans are accelerating growth and stoking inflation around the world.

Investment Outlook Q1 2021

2020 was a challenging year in many ways. The development of the global economy during the year can best be summarized as a roller coaster ride.

Investment Outlook Q4 2020

After the virtual halt of economic activity during Q2/2020, the summer months have seen an acceleration as economies recover some momentum around the globe.

Investment Outlook Q2 2020

The second quarter of 2020 was marked by lockdowns, negative macroeconomic news flow and uncertainties surrounding the pandemic.