Market Overview : August 2023

Global growth and earnings play "the march forward"  · 8 August 2023

Economist Milton Friedman has observed that "monetary measures affect economic conditions after a lag that is both long and variable". The current market environment seems to confirm this maxim. As central banks implement the most aggressive monetary tightening in history, global economies and corporate earnings are surprisingly resilient and continue to defy experts' expectations.  

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Market Overview: August 2023 Survol des Marchés: Août 2023