Economists often hold that a sign of a recession is when everyone believes that one is underway. It may be that this is a self-fulfilling prophecy. Or it may be indicative of a collective understanding of fundamental macroeconomic challenges. Key signals of turbulence are present and the US economy is marred by structural challenges that make shocks harder to stomach. So, while a recession might not be declared this week, the prospect of an imminent downturn remains large.
 Silver linings ahead as 2022 adds to pressures on public investors By Neil WilliamsRussia’s invasion of Ukraine has added to the pressures on investors, issuers and policy-makers, who already had a global pandemic, more than a decade of cheap money and rising interest rates and inflation to consider.Â
 MEETINGS  In conversation with Charles Evans Tuesday 27 September, Broadcast It has been a turbulent year for the US economy, with interest rate hikes and quantitative tightening. Charles Evans, president of the Federal Reserve Bank of Chicago, joins OMFIF for a conversation on the future of the US economy and the path to recovery.Â
 ON DEMAND Why the European Union is open for business and how Asia can benefit With the advent of the €800bn NextGenEU programme, Europe is investing heavily in its own future. The European Commission’s budget chief, Johannes Hahn, details how Asian corporates and investors can take part in and benefit from the investment drive.Â
In the summer edition of the journal, contributors lay out why the ‘S’ in ESG is becoming a priority for investors and why social and human rights issues are taking centre stage.
