The global economy is losing momentum, stretching from China to the US. Episodic pandemic resurgence has slowed or halted reopening efforts, parts shortages have slowed down production (especially in autos and electronics), and power failures and price spikes are dampening consumer and investor sentiments. At the same time, underlying demand is strong enough amid supply crunch to push up actual and expected inflation. Please join me and Senior Currency Strategist Philip Wee as we mull over the implications of this odd macro juxtaposition.
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DBS Bank (Hong Kong) Limited, a company incorporated in Hong Kong with limited liability. 11th Floor, The Center, 99 Queen’s Road Central, Central, Hong Kong SAR.