The presence of “tight money” points to a U.S. economic downturn drawing ever nearer, as are the challenges for equity investors.

The developed world faces a long stretch of slow growth. We look at the reasons for the downshift, and how it could impact equity investing.

One big thing—the arrival of a U.S. recession in 2023—should shape the investment landscape over the next 12–18 months. What does that mean for investors?

China charts its course through turbulence and transformation. As China faces challenges to growth and development, we reflect on the outcome of the 20th Communist Party Congress and what it means for investors.