Global markets are in a tailspin. Since the beginning of the year, the S&P benchmark US equity index has fallen by around 17 per cent, and the tech-heavy Nasdaq index has fallen by 27 per cent. Asian equity indices show similar losses, albeit not as great as those in the US, but this is explained by base effects and the carryover from poor performance last year. Markets are worried about three separate but related factors: inflation, deteriorating data, and the ongoing war in Ukraine.  Let’s have a look at what’s happening with inflation. Inflation has risen around the world, particularly…

Join The Currency

INTRODUCTORY OFFER: Full annual membership for just €200.

Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators.

Members of The Currency get full access to over 4,000 exclusive interviews, investigations, and analysis, plus over 460 podcasts.

Annual membership is just €200 for the first year, a saving of €100.

Or try The Currency for the first month for a special introductory rate of €5, a saving of €20.

Cancel at any time.

To become a member today click here.