2023 is a tricky year to make firm statements on plausible economic outcomes. For Proshare’s 2023 Economic Outlook, the analysts came to conclusions based on the quality and quantity of best-in-class data available at the time of report writing.

Download the report here: https:///2023MacroEconomicOutlook

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Outlook 2023 - Slow Global Growth: The Burden of a Costly War

Early global growth forecasts for 2022 were set for significant downward reviews the moment the geo-political tension in Ukraine ensued. As the war wore on, crude oil and other commodity prices surged. This compounded inflation worries which had been birthed by pent-up demand in the post covid 19 eras. The large stimulus spending undertaken by governments during and after the lockdowns had already sent prices high.

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