Discover the monthly macro and market analysis of Natixis IM Solutions.
Will massive monetary and fiscal stimulus measures all around the word be sufficient? What are the long-term consequences?
Admittedly, consumption has rebounded considerably since mid-May due to pent-up demand as households spent part of the savings they had accumulated during lockdown.
Selloff. Rebound. Now what? As the rally moves forward and our outlook becomes more constructive, it is worth assessing the risk scenarios ahead.