Global Market Perspectives: Hope For The Best, Ready For The Worst

The latest Middle East conflict and associated energy shock are increasing downside risks to global growth and upside pressure on inflation. While the U.S. economy retains solid macro fundamentals, tightening financial conditions are likely to create broad challenges across the economy.

Analysis

The latest Middle East conflict and associated energy shock are increasing downside risks to global growth and upside pressure on inflation. While the U.S. economy retains solid macro fundamentals, tightening financial conditions are likely to create broad challenges across the economy.