"With three quarters of the year already in the books, to say that the global economy has outperformed expectations so far is an understatement."
— Sébastien Mc Mahon, Adil Mahroug & Tuyen Tran, iAGAM
Highlights:
- Global economy has outperformed expectations so far in 2023, but important risks remain
- Consumer spending is likely to be influenced by the elasticity of demand for staple and discretionary goods and services
- If central banks stay the course and keep rates higher for longer, then the odds of a soft landing are low
Your Monthly Macro & Strategy is now on the new iA Global Asset Management website! If you haven't already done so, check it out now!
Your current economic review is also in the Document Centre of the Advisor Centre every month! Search with the keyword "Macro" or bookmark the following link: Monthly Macro and Strategy
Sébastien Mc Mahon, MA, PRM, CFA
Chief Strategist, Senior Economist and Vice-President, Asset Allocation & Portfolio Manager
Adil Mahroug, M.Sc.
Senior Strategist and Director, Asset Allocation
Tuyen Tran, M.Sc., CFA
Senior Analyst, Asset Allocation and Economics
