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</html><description>MACRO Investors observe generally weakening global economic backdrop. This is a reflection of the rapid tightening cycle, which continues despite the softening global growth. There are fiscal concerns around growing deficits and increasing debt servicing costs caused by the higher rates, as they may lead to the financial instability. Simultaneous quantitative tightening (QT) and increased [&hellip;]</description><thumbnail_url>https://karolpelc.com/InvestorSnippets/wp-content/uploads/2023/11/image-3-1024x457.png</thumbnail_url></oembed>
