What They Say
Counterpoint Research published its outlook on the economic situation with a rating of its ‘Macro Index’ at 82.86, the lowest since June 2020. The index takes into account geopolitical and supply chain issues and the firm has revised its forecast for the end of the year from nearly 100 to 91.79.
What We Think
The index is apparently about to start turning around and moving back upwards, but looking at the risks ahead, it’s hard to see what is going to cause a recovery. (BR)
