Gloomy and more uncertain
Tuesday 11th October 2022NAB Markets Research DisclaimerFinancial Services Guide | Information on our services - NABThe latest title from to the IMF’s World Economic Outlook is ‘Gloomy and More Uncertain’. That certainly reflects the mood this morning, with risk driven by an escalating war in Ukraine, question marks over whether the UK Chancellor’s budget will pass muster with the markets, and the China slowdown, now added to by President Biden cracking down on the export of advanced semiconductors. NAB’s Rodrigo Catril says the timing of the US Presidents restriction is impeccable, just…
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