Economy

Macron resigns, Britain abandons Brexit, and countries impose price controls. 10 Unusual Saxo Bank Predictions for 2023 – Observer

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The resignation of Emmanuel Macron, a new referendum on Brexit and the imposition of price controls are among the 10 Saxo Bank’s ‘Unusual Predictions’ for 2023 is an annual report that is one of the most widely read in the financial markets and which, more than real bets on what could happen next year, seeks to contribute with reasons to think about the major economic and geopolitical trends in the world. .

Among othersoutrageous predictionsSaxo Bank next year – the price of gold (nearly) doubles to $3,000 and a country that bans animal meat. And yet, a megaplan for energy transition investment “sponsored” by the richest in the world.

After the failure of Liz Truss’s (brief) tenure at 10 Downing Street, new Prime Minister Rishi Sunak should be able to rehabilitate investors’ attitudes towards British debt by stabilizing financial markets. However, according to Saxo Bank, over time will ultimately be able to offer nothing but “disappointing budgetary savings.”with tax increases and spending cuts.

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