ING Monthly: We’re in a polycrisis, and this is what it means
The word of the moment appears to be 'polycrisis', defined by Collins as the simultaneous occurrence of several catastrophic events. It's apt, given the war in Ukraine, inflation, the pandemic… you know it. Europe's been at the epicentre of most of it. Now it seems a US variant is in the making
Executive summary
There appears to be no respite from seemingly never-ending economic crises and concern. The banking crisis in the US is far from over, and even if regulators have been very efficient in ringfencing failing institutions up to now, we all know the adage that 'past performance is no guarantee of future success', and it's rarely been so true for financial markets right now
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12 May 2023
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This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more
This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more