​​​​​​​The Global Economy Is Becoming More Resilient—But More Uneven

Edmond de Rothschild's Outlook & Convictions #17 argues that the global economy has adapted remarkably well to recent geopolitical shocks, although structural differences between regions are becoming increasingly pronounced.

• Companies have successfully diversified supply chains and trade routes, limiting the economic impact of the Strait of Hormuz disruption and reducing recession risks.

• AI has become a major driver of global trade, with AI-related goods accounting for 42% of world trade growthdespite representing just 15% of traded goods, benefiting Asian exporters in particular.

• The report warns that high real interest rates and massive financing needs for AI, infrastructure and energy transition projects are becoming the main long-term constraint on global growth.

Read the full report for a comprehensive outlook on the global economy, commodities, AI and financial markets.