Could the world really avoid a recession? | Mint
Could the world really avoid a recession?
- Markets are giddy, but there is a long way to go
Last year markets had a terrible time. So far 2023 looks different. Many indices, including the Euro Stoxx 600, Hong Kong’s Hang Seng and a broad measure of emerging-market share prices, have seen their best start to the year in decades. America’s s&p 500 is up by 5%. Since reaching its peak in October, the trade-weighted value of the dollar has …