Growth expectations are being lowered considerably, but still remain high. “PMIs have fallen, but they are not sinking; growth will continue to be strong, ”says Alberto Matellán, chief economist at MAPFRE Inversión, on the Radio Intereconomía program A Media Sesión.
COP26, the climate summit, is underway in Glasgow and sustainable finance or socially responsible investment will logically be one of the central topics of debate. Daniel Sancho, investment manager at MAPFRE Gestión Patrimonial, explains, during an appearance on the Ponte en Acción program on Negocios TV, that ESG investing “isn’t anything new, at least at MAPFRE, and it turns out that these kinds of investments yield healthy returns, more so than a traditional investment approach.”
The coronavirus crisis has shown a world at different speeds: throughout the first half of the year, the vaccination campaign, fiscal stimulus or health measures to minimize the effects of the pandemic have been uneven across countries, and even more so between continents.
The eventual downturn in the global economy which most analysts are now predicting is casting a shadow on results season.
In the midst of corporate results season, stock exchanges in the U.S. and elsewhere continue their upward trend and are posting gains day after day.
The core discussion on the markets has taken a turn that investors weren't expecting and that is now weighing heavily on many indexes that had been close to all-time highs.
Prices continue to rise for raw materials, including oil and natural gas, and it seems like the end of this story is still not in sight.
The hunt for returns has now begun. Companies are getting ready for a new scenario, with experts predicting normalization of the figures being reported.
As predicted, Congress passed a $480 billion debt ceiling increase (The White House has said President Biden will sign it into law).