Monthly Outlook - December 2022
Just like winter storms, not all recessions are similar. Depending on their particular characteristics, the impact and after effects of these storms can be very different. Our regular readers will know that, since early summer, we have been predicting a significant growth slowdown and a recession to hit the US and other major global trading blocs, such as Europe and the UK, in late 2022 and the first half of 2023.