Economic Tensions and Recession Risks

This chapter explores the economic factors driving the potential for recession in the U.S. and Europe, highlighting the impact of rising interest rates and energy price increases. It discusses investor concerns over economic slowdowns while examining vulnerabilities from past recessions, the implications of China's COVID-19 restrictions, and pressures on emerging markets. The chapter also touches on geopolitical tensions, particularly regarding safety concerns following aggressive maneuvers by Chinese pilots.