+1 289 514 1723  info@brunswickfunds.org

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strategy & economics
Brunswick Funds has prepared this outlook as a summary of global economic conditions in 4Q2022.
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  • An uncertain outlook with slowing economic growth and a rising risk of recession
  • Lower commodity prices and fewer supply chain disruptions could ease prevailing inflationary pressures
  • Labour markets remain strong, but signs of weakness are starting to appear
  • The inflation outlook remains uncertain following recent global political developments
  • Interest rates are likely to continue to rise in the near term
  • Global equities have meaningfully de-rated this year and now look more attractively valued
  • Government bond valuations look relatively more attractive given recent sizeable moves, although remain vulnerable to further interest rate rises
  • Alternative assets including absolute return funds and commodities look attractive as diversifiers
  • The direction of monetary policy and the risk of recession are likely to continue to test investor sentiment
  • Ongoing political and geopolitical uncertainties may also weigh on sentiment
  • Consumer confidence remains close to all-time lows and business optimism surveys are weak
  • Increased likelihood of a monetary policy-induced recession
  • Persistently high inflation and higher-than-expected interest rates
  • Threats to global economic growth from rolling lockdowns in various countries
  • Further escalation of the Russia/Ukraine conflict and a European energy crisis

Brunswick Funds advises on strategies that well-heeled investors can use to manage these and other inherent portfolio risks.

Contacts

 45 Sheppard Ave E Suite

#900 North York, Ontario M2N 5W9

 +1 289 514 1723

 info@brunswickfunds.org