Macro Strategy Views Podcast: growth slowdown, central bank responses and equity outlook
In our weekly podcast, Macro Strategy Views, we focus on topical macro and market themes, targeting investors and trading corporates. Today, we focus on the slowdown in growth, central banks and, in particular, equity markets. Thomas Harr, Global Head of FI&C Research, chairs today’s podcast and our Senior Equity Strategist, Bjarne Breinholt Thomsen, joins him. Growth worries are pushing equities lower. Moreover, central banks are unlikely to come to the rescue as they are committed to normalising monetary policy. However, earnings are strong and we do not expect a sharp slowdown in growth. Hence, equity markets are likely to remain choppy near term before the next move higher.