W38 - 20 Sep 2026 - Buffers Under Strain: Fiscal, Energy and Rate Risk Converging

Vantcast — The World Edition · Sep 20, 2026 · 19m

The Economist flags advanced economies flirting with fiscal disaster; the Saudi East-West pipeline — Hormuz's key bypass route — was taken offline this week; the Fed and Bank of Japan both raised rates. This week: why these aren't separate risk registers, what the GDP deceleration in China, Germany, Brazil and Russia means for demand assumptions, and the one stress-test question every board should be asking.