Comment & Analysis
Inflation will subside but recession looms, warns Pictet's Paolini
The inflationary surge this year will be ‘short-lived’ but equities will face pressure from a looming global recession. That’s according to Swiss group Pictet Asset Management’s five-year secular outlook, which it presented earlier this week. Presenting the report, Pictet’s chief strategist Luca Paolini said it was a ‘big surprise’ that…
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