Did you miss our Q3 Economic Oulook & Mastering the Dimensions of Correlations webinar? Download the presentation, videorecording, Correlations whitepaper and our Q3 Economic Outlook here. October 22 Ortec Finance’s Q3 Economic Outlook webinar took place. Find all the materials on this page.

Gain expert insights into future economic and financial market developments with our Q3 Economic Outlook. Get the latest news and an in-depth analysis of the key drivers of risk and return. Our quarterly outlooks are based on the Ortec Finance Economic Scenario Generator and offer our perspective on recent developments in the global economy and capital markets and what these mean for the future.

Download your copy

By submitting my contact information, I confirm that I have read the Ortec Finance Privacy statement, which explains how Ortec Finance collects, processes and shares my personal data. I consent to my data being processed with Ortec Finance's Privacy Policy. Ortec Finance can optimize my experience with the Ortec Finance brand.

We respect your privacy

Q3 Economic Outlook highlights include:

  • Covid-19 and its containment measures led to a deep global recession. Currently, we are at a tipping point with a second wave of infections in Europe and the Middle East. Our baseline assumption is that the second wave can be brought under control and a second global lockdown can be avoided.
  • The macroeconomic environment deteriorated more than anticipated which worsened the contraction phase of the Ortec Finance Business Cycle Indicator. Nevertheless, the recession bottomed out. Supported by fiscal and monetary stimulus, the global economy began a U-shaped economic recovery which we expect to progress but to gradually lose pace.
  • In line with the recovery, financial markets rebounded further during the third quarter. Going forward, the Ortec Finance Momentum Indicator points to modestly positive momentum in financial markets.
  • The pandemic’s economic impact, however, remains highly uncertain. The major downside risk is a prolonged or stronger impact on economic activity. A second lockdown is not ruled out and may slow down the recovery.
  • As in June 2020, to serve our clients in the best possible manner in extraordinarily uncertain times, we provide a less cyclical version of our outlook in which the business cycle model is damped by 50% compared to our regular outlook.


Related Insights

Cookies help us improve your website experience.
By using our website, you agree to our use of cookies.