The stock markets scored gains in the month, in a context of rising long-term yields. These are supportive indices for the markets and the overall scenario, with economic growth on track and adjusting to cruising speed.
Focus points are still inflation, that in any case is not accelerating, China, that may at last resume injecting stimulus into the economy, and the decisions taken by the Fed, that for the time being seems to be acting in line with market expectations and steps forth as a factor capable of keeping volatility under control.
In this audio, Andrea Conti, Head of Eurizon’s Macro Research and Product Specialist team, analyses the current economic picture and explains Eurizon’s positioning in November 2021.
Audio recorded on 27.10.2021