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The 100-year plague – the 75-year war,

The 100-year plague – the 75-year war,



The situation facing the world is exactly what Christalinaslotxo proGeorgieva, managing director of the International Monetary Fund (IMF), said last month: the world we are facing The "multiple misfortunes" put the economy on its biggest test since World War II, with the plague of COVID-19, high inflation, tighter financial measures. and culminated in the Russo-Ukrainian War. that aggravates energy prices soaring make things expensive causing misery for the whole world It also undermines the economy that is recovering from COVID.

last week Wall Street executives Commenting on the New York Finance Conference On the impact of major global events now on markets and the economy, Morgan Stanley co-chair Ted Pig said the fundamentals of global markets are starting to change. Because our world is in an unusual phase.




In other words, there is a global pandemic in 100 years, the first invasion in Europe in 75 years, the first high inflation in 40 years. It signals a paradigm shift, marking the end of a 15-year era of accommodative finance.

Pig said that from now on the market and investors will face a period of turmoil. Because the market is dominated by two forces: high inflation concerns. Which feels like "fire" and worries that the economy will recession. which is comparable to "ice", which is a period of uncertainty like this At least it will reduce merger activity. Because companies are traveling on previously unknown routes. therefore uncertainty
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