19.05.2022
Global CIO House View May 2022
The elevated volatility that has characterized equity markets this year shows no signs of easing. In fact, quite the opposite is true, as daily moves both up and down recently reached extreme levels. Concerns about economic growth, persistently high inflation, monetary policy tightening as well as the geopolitical situation continue to weigh on investors' minds. In recent weeks, forced selling even heightened the degree of nervousness.