Credit Suisse report: Concerns over volatile economy overtake Covid woes

clock • 2 min read

The latest ‘supertrends’ report from Credit Suisse shows concern for the Covid-19 pandemic has reduced while economic worries remain high, including in the basic affordability of necessities.

The report notes that affordability has been a key issue for a long time and the pandemic has only made it worse. Now inflation, currently at levels not seen for decades, poses a further threat to the ability of many in society to afford goods and shelter. Matching concerns over affordability in the report was unemployment. However, many areas in the developed world are in fact faced with an acute labour shortage. The Credit Suisse report argues that skilling and reskilling will remain key to ensure that employees can cope with future challenges, while offering potential candidates a des...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

Bank of England chief economist Huw Pill: Interest rate cuts remain 'some way off'

Bank of England chief economist Huw Pill: Interest rate cuts remain 'some way off'

'Relatively cautious approach' to rate cuts

Valeria Martinez
clock 23 April 2024 • 2 min read
UK consumer confidence hits two-year high as disposable income rises

UK consumer confidence hits two-year high as disposable income rises

Deloitte Consumer Tracker

Cristian Angeloni
clock 19 April 2024 • 2 min read
UK retail sales flatline as consumers cut back on food

UK retail sales flatline as consumers cut back on food

Following 0.1% increase in February

Cristian Angeloni
clock 19 April 2024 • 1 min read
Trustpilot