Equity Market Insights: Where is the recession? Despite being widely expected for many months, the recession has yet to materialize in the US and other developed economies. The interesting question is why the recession has yet not occurred even after one of the fastest increases in interest rates in history by all the major Central Banks in a very short span of time. Here lies the answer as per the report from UBS: Monetary policy…
Equity Market Insights: The last quarter has seen one of the major shakeups from the prevailing easy situation over the last decade for the global economies. After one of the fastest increases in interest rates in history by all the major Central Banks in a matter of 12 months to contain inflation, the cracks have started showing in the form of bank collapses in the USA (SVB and Signature) and Europe (Credit Suisse). Thankfully, the…