Kempen Macro Outlook 2023

Europe is facing a challenging year due to expected economic contraction, the US is likely to show only modest growth and China will no longer achieve its own ambitions for growth. Six forecasts about the world economy.

Outlook 2023: six economic forecasts

1. Europe will enter into a recession
2. The US will (just about) avoid an economic contraction
3. China will no longer achieve its own ambitions for growth
4. Fears of 1970s-style stagflation are premature
5. Differences in Eurozone country bond yields will (eventually) be brought under control
6. Calm will return to the UK interest rate markets

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