
Overview
High energy prices and aggressive interest rate hikes will lead to slow economic growth in western economies which could potentially spread to Asia. High inflation and monetary measures to combat the higher prices will likely impact consumer sentiment and investment spending. Tight monetary policy aimed at cooling down economies may also hamper investment appetite due to lower liquidity and higher credit risk. It is difficult to predict any potential escalation or de-escalation in the Russia-Ukraine conflict, and the duration and ramifications of sanctions and embargoes are uncertain.
Tankers
Source: VesselsValue