Fading supply chain pressures, inventory imbalances and ebbing PPI inflation
Financial market sentiment has continued to improve in recent days in part due to the removal of uncertainty surrounding the US debt ceiling. However, as some of our exhibits this week suggest, the world economy is not yet out of danger. Our charts specifically home in on the following factors:
Fading global supply chain pressures
Weaker inflation in the euro area
The slowdown in China’s trade
The fragility of investors’ growth expectations
US inventory imbalances
Asia’s transition to a Green economy
Read the full commentary and see the charts here…
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