Cross Asset Investment Strategy - January 2024

Topic of the Month - Europe: time for fiscal consolidation

Cross Asset Investment Strategy - January 2024

The public finances of Eurozone countries began to improve in 2023 and fiscal consolidation will intensify in most Eurozone countries during 2024. Still, fiscal vulnerability – particularly for the most heavily-indebted countries – will rise over time, leading to a higher probability that public debt will not stabilise. The aim of the new fiscal rules is to ensure the long term sustainability of public finances, but funding for the green transition could suffer.


Topic of the Month
Macroeconomics, Geopolitics, and Strategy
Global Investment Views
Macroeconomic and financial market forecasts

You can now read the full whitepaper at the link below