ECONOMY | 28.10.2021
Financial newsletter
The upcoming COP26 meeting in Glasgow will hopefully provide answers to many of the questions surrounding green investment, economic policy and the climate emergency in the current context. In a piece in El Confidencial, Gonzalo de Cadenas-Santiago from MAPFRE Economics goes through some of the key aspects of the meeting and the global challenges that will be discussed next week.
Lower growth projections aren’t impacting on earnings. For now…
The latest downward revisions have been replicated in the vast majority of economies, especially in the eurozone, where the inflation problem could have greater implications for long-term growth, according to Alberto Matellán from MAPFRE Economics in an interview on Radio Intereconomía.
Liquidity and big tech results help boost the stock market
What’s behind the latest stock market surge? Ismael García Puente, investment manager and fund selector at MAPFRE Gestión Patrimonial, explains on Negocios TV the factors enabling the recent record highs, mainly in the United States.
Insurers push back against EU plan to penalize brown assets
The EU’s latest review of solvency rules for insurance firms threatens to impose capital charges on polluting assets. But the industry warns that doing so could have unintended consequences and would ultimately not have a positive impact on either the environment or society.
MAPFRE Economics puts the total uninsured market at $5.68 billion, 2.4% lower than a year earlier, due principally to the impact of the coronavirus pandemic, experts write in the latest GIP-MAPFRE 2021: Global Insurance Potential Index report.
MAPFRE Economics thinks stagflation is unlikely but lowers its growth forecast
MAPFRE’s research arm has published its Industry and Economic Outlook report for the fourth quarter, in which it has updated its forecasts for the world economy. As far as the Spanish economy is concerned, full-year growth is estimated at 5.7% for 2021, three tenths of a percentage point less than the figure released in the previous forecast.
