A Slowdown Is Coming - Should We Care?

The Big Conversation | Aired: 2021-09-01 This week Real Vision’s Roger Hirst uses Refinitiv’s best-in-class data to look at the data which is starting to roll over and points to an economic soft patch ahead. There was a time that this would be a worry for stock markets, but in today’s world of intervention, a delay to taper or even an expectation of more QE would more than offset a slowdown in business activity. Most of the data remains very robust, but the momentum is starting to wane in the three largest economic regions. Central banks have shown they are far less tolerant of slow growth versus higher growth (and inflation) and could react with more accommodation if the data deteriorates.