{"id":5122,"date":"2022-05-02T19:23:55","date_gmt":"2022-05-02T19:23:55","guid":{"rendered":"https:\/\/www.guardiancapital.com/investmentsolutions\/?post_type=insight&#038;p=5122"},"modified":"2024-08-09T15:50:37","modified_gmt":"2024-08-09T15:50:37","slug":"economic-outlook-spring-2022","status":"publish","type":"insight","link":"https:\/\/www.guardiancapital.com/investmentsolutions\/insights\/economic-outlook-spring-2022\/","title":{"rendered":"Economic Outlook: Spring 2022"},"content":{"rendered":"<h2>Summary<\/h2>\n<ul>\n<li>The last few years have seen a seemingly unending string of adverse shocks hit the world, disrupting the normal course of economic activity and, more generally, everyday life.<\/li>\n<li>And, while the New Year began with hopes of much-needed calm on the horizon, the last three months have seen the emergence of new downside risks that have weighed on anticipated growth momentum and reverberated through global financial markets.<\/li>\n<li>But, though it may well be the case that the outlook now is not as optimistic as it was a few months ago, with forecast confidence intervals widening and rising recession risks becoming a focal point of discussions, the backdrop is still far from dour.<\/li>\n<li>In fact, the base case expectation remains that global growth will be sustained at rates still notably above pre-crisis trends, with the pace of expansion likely to perk up in the coming months as pandemic-related restrictions are further scaled back and activity more broadly returns to pre-crisis levels.<\/li>\n<li>Add to that the fact that investor sentiment is highly depressed and year-do-date market weakness has made valuations more compelling, and it is arguable that there is still reason to fight back urges to materially scale back risk exposures at this juncture.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Summary The last few years have seen a seemingly unending string of adverse shocks hit the world, disrupting the normal [&hellip;]<\/p>\n","protected":false},"comment_status":"closed","ping_status":"closed","template":"","insight_tags":[155],"class_list":["post-5122","insight","type-insight","status-publish","hentry","insight_tags-market-insights"],"acf":[],"lang":"en","translations":{"en":5122},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.guardiancapital.com/investmentsolutions\/wp-json\/wp\/v2\/insight\/5122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.guardiancapital.com/investmentsolutions\/wp-json\/wp\/v2\/insight"}],"about":[{"href":"https:\/\/www.guardiancapital.com/investmentsolutions\/wp-json\/wp\/v2\/types\/insight"}],"replies":[{"embeddable":true,"href":"https:\/\/www.guardiancapital.com/investmentsolutions\/wp-json\/wp\/v2\/comments?post=5122"}],"wp:attachment":[{"href":"https:\/\/www.guardiancapital.com/investmentsolutions\/wp-json\/wp\/v2\/media?parent=5122"}],"wp:term":[{"taxonomy":"insight_tags","embeddable":true,"href":"https:\/\/www.guardiancapital.com/investmentsolutions\/wp-json\/wp\/v2\/insight_tags?post=5122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}