|
Lucky number seven?
- In recent months, incoming macro data suggest the global economy continues to grow at a solid pace, despite heightened uncertainty related to US trade and economic policy.
- A key driver of this resilience has been the surge in AI‑related investment.
- In Europe, activity remains subdued outside of the spike in exports to the US in 2025 ahead of tariffs.
- Forward‑looking indicators point to continued muted growth in early 2026, with the current flare up in political uncertainty around the future of the Prime Minister a further risk to confidence.
|
|
