May 2023 - Monthly House Views

Risk asset markets remain in positive momentum. While pressures afflicting regional US banks are likely to restrict lending to households and companies, any economic impact is likely to be moderate as both segments can still draw on considerable savings. In this environment, we are sticking by our scenario of modest economic growth in 2023 in most developed economies, helped considerably by a robust recovery in China. 

Learn more in our May 2023 House Views by clicking on the document below.