DNCA: Convictions & Outlook - Q2 2022

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

Highlights

  • The slowdown in growth is becoming more pronounced, due to a decline in demand and severe supply constraints.
  • Inflation levels are forcing monetary policies to react quickly.
  • The geopolitical context makes the necessary fiscal policy adjustments difficult.
  • Even if the peak is finally reached, inflation should remain structurally higher than in the past.

Resources

Written on July 28, 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