The key points
- Europe is missing only 2.7%
- The risk of recession immediately after the war
- The crossroads for managers
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In no particular order, the financial markets are moving to pre-war levels. We are now one month after the date of the invasion (February 24) and the global balance that can be drawn from the stock exchanges, if it were a letter, would be a “V”. First down and then up. It already happened two years ago with Covid. History is repeating itself now. On the occasion of the pandemic, the price lists continued upwards, extending the second leg of the “V” upwards. In this case the future is all to be written starting …
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