The Strategist

Bloomberg lists key economic risks for 2022

12/14/2021 - 08:45

Bloomberg has published a forecast of major economic risks in 2022. Experts believe that the main threat to markets is the likely escalations around Ukraine and Taiwan, as well as the spread of the new COVID-19 strain.

In particular, it is reported that if the omicron strain proves more dangerous than other strains of COVID-19, the global economy could slow to 4.2%. But if it turns out to be less dangerous, growth could be as high as 5.7%.

Meanwhile, rising tensions between Russia and Ukraine are seen as a risk of further gas price hikes. And escalation around Taiwan, according to Bloomberg experts, could trigger a war between China and the US or the imposition of sanctions, which could result in a collapse of semiconductor production in Taiwan and eventually have a negative impact on the entire market.

At the same time, it is noted that most experts still expect a strong economic recovery in 2022, lower prices and the refusal of the authorities from the emergency monetary policy.