DNCA: Convictions & Outlook - Q3 2022

Find out the macroeconomic views of our affiliate at the end of the third quarter of 2022.

Highlights

  • Growth: The slowdown continues. In Europe, recession seems inevitable but the extent is highly uncertain.
  • Inflation: The peak is reached but the future inflation regime will be higher than before.
  • Monetary policy: Monetary expectations are now in line with the expectations of central banks.
  • Fiscal policy: Market reaction to UK stimulus package is a warning to fiscal laxity.

Resources

Written on October 11, 2022.

This article has been provided for information purposes only to professional clients. It must not be used for retail investors. The provision of this material or reference to specific sectors or markets in his article does not constitute investment advice or a recommendation or an offer to buy or sell any security. Investors should consider the investment objectives, risks, and expenses of any investment carefully before investing. Views expressed in this article as of the date indicated are subject to change and there can be no assurance that developments will transpire as may be forecasted in this article.

DNCA FINANCE – Affiliate of Natixis Investment Managers. DNCA has been approved as a portfolio management company by the French Financial Market Authority (Autorité des Marchés Financiers) under number GP00-030 since 18 August 2000. 19, place Vendôme – 75001 Paris. www.dnca-investments.com