Global outlook Q4 2022 update

<?xml version="1.0" encoding="UTF-8"?><modsCollection xmlns="http://www.loc.gov/mods/v3" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-8.xsd">
<mods version="3.8">
<titleInfo>
<title>Global outlook Q4 2022 update</title>
</titleInfo>
<name type="corporate" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20200000419">
<namePart>BlackRocks</namePart>
<nameIdentifier>MAPA20200000419</nameIdentifier>
</name>
<typeOfResource>text</typeOfResource>
<originInfo>
<place>
<placeTerm type="code" authority="marccountry">usa</placeTerm>
</place>
<issuance>monographic</issuance>
<place>
<placeTerm type="text">New York [etc.]</placeTerm>
</place>
<publisher>BlackRock Investment Institute</publisher>
<dateIssued>2022</dateIssued>
</originInfo>
<language>
<languageTerm type="code" authority="iso639-2b">eng</languageTerm>
</language>
<physicalDescription>
<form authority="marcform">print</form>
<extent>28 p.</extent>
</physicalDescription>
<abstract displayLabel="Summary">The Great Moderation is over -- Higher volatility means dealing with a sharper trade off -- Production constraints are at the root of higher inflation -- A deep recession is needed to pull inflation down to targets -- Fed on its fastest rate hiking cycle since the early 1980s -- Central banks are hiking into recession -- Contracting activity and energy shocks signal recessions -- UK at epicentre of worsening trade off -- China won't come to the rescue this time -- Inflation in developed economies is high and persistent -- Q4 2022 investment themes back to a volatile future -- Snapshot of our views  October 2022 -- Equities still not fully pricing in a worsening macro outlook -- U.S. dollar strength a major factor in 2022 asset returns -- High cash, shareholder returns a relative plus for Japan Inc. -- We like credit over equity on yields and recession resilience -- Signposts to change our views -- Our strategic positioning reflects the new regime -- The transition to a decarbonized economy is accelerating -- Tactical granular views</abstract>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080605858">
<topic>Economía internacional</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20090040410">
<topic>Recesión económica</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080551346">
<topic>Inflación</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080558970">
<topic>Inversiones</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080600709">
<topic>Datos macroeconómicos</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080611897">
<topic>Perspectivas económicas</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20220004336">
<topic>Descarbonización</topic>
</subject>
<classification authority="">921</classification>
<recordInfo>
<recordContentSource authority="marcorg">MAP</recordContentSource>
<recordCreationDate encoding="marc">200114</recordCreationDate>
<recordChangeDate encoding="iso8601">20221115104214.0</recordChangeDate>
<recordIdentifier source="MAP">MAP20220033664</recordIdentifier>
<languageOfCataloging>
<languageTerm type="code" authority="iso639-2b">eng</languageTerm>
</languageOfCataloging>
</recordInfo>
</mods>
</modsCollection>