The global economy has been resilient and a variety of challenges stemming from the pandemic have become less severe.
But the lagged impact of aggressive monetary tightening is still likely to eventually push the economy into recession and, in an environment of heightened macroeconomic uncertainty, substantial risk taking is unwarranted and patience is critical, according to a recent note from RBC Global Asset Management.
So, what does this mean for investors and their approach to investing in global equities?
By the end of this report, which is worth 30 minutes of CPD, you should be able to: explain what is driving the performance of global stocks; identify the industries that can best withstand a global recession; and be able to explain ways to minimise investment risks, particularly in uncertain times.
ima.jacksonobot@ft.com