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Lula's approach to the country’s central bank has worsened both inflation expectations and has sent fixed income yields higher in recent months.

Historically, China started slowly within the AI development, but the sector has grown, and now everyone is rushing into "AI 2.0".

France went another nudge downwards on the rating scale at the rating agency Fitch, though this has happened before without much drama. However, this time, there were new arguments behind the downgrade, and they are worrying.

Some economists had predicted a rather severe recession for the German economy during 2023. The reality is better, though no more than that and most recently, Germany's government missed another chance for improving the situation.

In recent weeks, the fear of the banking crisis spreading in the US has increased, with some once again even talking about the perfect storm - perhaps it is in a glass of water.

Inflation continues to challenge the central banks of Western economies, and right now the outlook remains for several large interest rate hikes in Europe.

Not without reason, many Europeans perceive the current situation as a crisis, and it obviously runs so deep that it seems global – but it is not.

The global economy is still suffering from the Covid-19 pandemic, but economies will open up and investors will soon search for new opportunities – despite the coming rate hikes in the US.