My Uncle spot on again World economy will still face credit stress, price pressures
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World economy will still face credit stress, price pressures, Covid-19 risks in 2022: Fitch Solutions
[size=11]IN 2022, the world economy will still face several "important" downside risks, namely credit stress from the property sector in China, price pressures and new Covid-19 variants, according to a recently-published report by Fitch Solutions Macro Research.[/size]
Although it was published last Wednesday (Nov 24), before the threat of the Omicron variant became evident over the weekend, the research house stated: "We should not discount the risk of new Covid-19 variants, particularly as large sections of the global population remain unvaccinated."

Meanwhile, Fitch Solutions highlighted that credit stress from China's property sector could spread to the wider economy and result in a "sharper" economic slowdown than the world is currently anticipating.

"Combined with the potential for more Covid-19 outbreaks, the sector could even prompt a 'hard landing'," it said.

Rather than easing, price pressures "could remain strong" in the year, it added, prompting a more aggressive tightening cycle, which could lead to a significant re-pricing of markets.

This could in turn spark volatility and depress growth as investors and consumers cut back, particularly in emerging markets, it said.
[size=11][url=https://www.businesstimes.com.sg/government-economy/singapore-economy-still-on-track-to-grow-despite-omicron-risk][/url]https://www.businesstimes.com.sg/global-...ks-in-2022
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I remember he told me, retrench will happen come next month or after CNY.



He said 
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Messages In This Thread
My Uncle spot on again World economy will still face credit stress, price pressures - by [[ForeverAlone]] - 29-11-2021, 07:10 PM
RE: My Uncle spot on again World economy will still face credit stress, price pressures - by Talent - 29-11-2021, 07:15 PM
RE: My Uncle spot on again World economy will still face credit stress, price pressures - by [[ForeverAlone]] - 29-11-2021, 07:18 PM

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