Macro Network consults economists in Geneva (ISAG) and Paris (BSI Economics) to establish a European macroeconomic consensus on economic and financial risks.
– Click to access the Consensus in PDF format –
This first consensus among macroeconomic analysts in Europe reveals new information on the following four points:
– The main issues being monitored by European specialists
– The prevailing macroeconomic and financial scenario
– Key events expected to affect growth and asset prices in 2015
– The most widely held beliefs and the points that are the subject of the most heated debate
It appears that European macro analysts are concerned about current conditions in the eurozone, but believe that much more powerful forces outside their region will shape global growth and financial market trends. The spillover effect from China, the consequences of US monetary policy for emerging countries, and oil price levels are the most frequently cited factors for 2015. The prevailing scenario is one of moderate global growth driven mainly by momentum in the United States, while Europe avoids recession. Financial market expectations are for a continuation of current trends.
Consensus Macro Network Consensus:
