Sooner or later, recessions they arrive. Usually when they are least expected and expected. Today few expect one American recession, while it seems less far-fetched to predict a decline of the European economy. So should we, to be naysayers (an attitude that sometimes rewards in stock investments), raise the level of alert on an upcoming recession in the USA, as well as in the Old Continent? And why, instead, do we tend to exclude that this will happen? Recessions are usually preceded by stock market declines, who have a keen nose for smelling trouble (even if they often don't realize their own bubbles): one can expect a correction in stock markets? What was the role of theMagnificent Seven' in Wall Street prices? Because the stock markets have risen both in the USA and in Europe since the beginning monetary restriction? What are financial conditions like as distinct from rates? When will central bank key rates drop?
Le geopolitical uncertainties – in France, USA, China, Russia… – will they influence the economy? Is the dollar destined to strengthen? They answer these and other questions The hands of the economy of July 2024. The monthly economic analysis column, always attentive to the structural changes which are the underlying current on which short-term movements are grafted, is edited by Fabrizio Galimberti and Luca Paolazzi for over a third of a century now (alas!), and boasts numerous attempts at imitation. It comes out only on FIRSTonline. From tomorrow, Saturday 13th, the July 2024 issue.
PS: this year, for the first time since the releases on this site began, The hands of the economy they take each other an August break. To return better charged for the autumn recovery and for good luck, given that August is traditionally a very stormy month for the financial and currency markets.
