Financial markets are more complex than ever. Goldman Sachs is breaking down the key factors driving the economy each week. European streets once buzzed with petite cars such as the Mini, the Beetle and the Fiat 500. Well, prepare to see fewer of them.
Europe, America and Asia are all enduring scorching heatwaves, air temperatures are repeatedly breaking records and the health impacts are alarming. But is the worst yet to come? Why risky assets are proving more resilient than investors expected despite war, inflation and the threat of recession (10:10). And Europe says farewell to its symbolic small cars (16:50).
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