The war in Ukraine. Ageing populations. Rising temperatures. Investors are having to grapple with a formidable range of uncertainties around the long-term outlook for the global economy and markets. Their challenge is compounded by the fracturing of the global economic system into China and US-led blocs. How will this process play and what will this mean for economic and market outcomes in the coming decades?
To mark the publication of our exclusive Long Run Economic and Asset Allocation Outlooks, Chief Global Economist Jennifer McKeown held a special briefing about the global economic outlook through 2050. During this session, Jenny and economists from across our macro and market teams answered your question as they addressed key issues, including:
- Risers and fallers – the economies set to win and lose in a fractured world;
- The long run outlook for productivity and economic growth;
- How this will shape financial market outcomes in the coming years.