Centro de Documentación de Fundación MAPFRE - 2020-21: defending growth at all costs. Economic, Capital Markets and Industry Research

MAP20200003786

2020-21: defending growth at all costs. Economic, Capital Markets and Industry Research. — Paris : Euler Hermes, 2020

(Global Economic Outlook)

Sumario: 1. Global economic growth to remain muted in 2021-21 after bottoming out at the turn of 2019 -- 2. US-China trade tensions should not escalate, nor de-escalate much further in 2020 -- 3. The US to further explore higher public and corporate debt when face with electoral uncertainty -- 4. The global economy cannot rely on a new Chinese bazooka stimulus -- 5. Eurozone growth below potential at +1.0% and +1.3% in 2020-21 respectively -- 6. Monetary policy is the safety net for growth and markets. Mind negative spillovers -- 7. Persistently high social discontent will call for fiscal policies to become more redistributive -- 8. Domestic sectors will continue to outperform -- 9. (Unusually) low volatility and correlation between asset classes for longer -- 10. A -4% depreciation of the Dollar depreciation is expected to support Emerging Markets assets

1. Perspectivas económicas . 2. Crecimiento económico . 3. Análisis de mercados . 4. Investigación . 5. Política económica . 6. Mercados emergentes . 7. Análisis económico-financiero . 8. China . 9. Estados Unidos . 10. Gran Bretaña . 11. Unión Europea . I. Euler Hermes . II. Título.