
Surveillance: Soft Global Economy with Sheets
Bloomberg Surveillance
00:00
What's Next for the Global Economy?
We're calling next year rolling recessions in the global economy. We're going to see various countries turn down. The vast majority of GDP will see a downturn. That would particularly be accentuating exacerbated if the Chinese economy ends up being somewhat softer and instead of the 5.5% or forecasting, if it's more like this year at three and a half. And so you've got this on the growth side and then you also have central banks that are going to continue to hike. So next year is going to be a challenging year. I'm kind of already turning the page to 2024.
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