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At some point it has to come – a global recession. But where will it come from? Here we take a look at the most important economic areas.
By Philipp VORNDRAN, capital strategist at Flossbach von Storch
What amazes me time and again is the short memory of many market participants. Last year, they were concerned about a global recession. And today? With the markets performing very well since the beginning of the year, the fear of a recession seems to have passed. You know us: at Flossbach von Storch, we like to go against the grain when it comes to current issues. That's why we are now asking ourselves the question whether and where a global recession could come from. We Europeans like to believe that economic risks arise primarily in other...
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