Global Macro Overview from Mackenzie: The Goldilocks era for investing of “not too hot, not too cold” — where low inflation and moderate economic growth allowed central bankers to flood the financial system with liquidity — has shifted significantly.
2022 was a tumultuous year for investors, to say the least. Markets around the world were affected by high inflation, rising interest rates, and concerns about slowing economic growth in 2023.
Inflation and the Fed’s commitment to fighting it with rate hikes dominated financial headlines and preoccupied investors during August. Here’s a summary of the notable events that steered the markets.
Kristina Hooper (Invesco Canada) looks back at five issues that pressured markets in April and explores the “glass half full” moments she sees that give me some optimism for the months ahead.*