Vera Collective’s Investment Committee has identified key global economic uncertainties, including China’s large-scale stimulus, tensions in the Middle East, and the upcoming U.S. elections. China’s $500 billion stimulus aims to boost sectors like real estate, but long-term effects remain uncertain due to structural challenges. Middle Eastern conflicts threaten energy stability, potentially driving up oil prices and complicating inflation control. In the U.S., a divided government may provide market stability, while a strong labor market supports consumer spending. Despite these risks, the committee remains cautiously optimistic about the resilience of the U.S. economy.

Table of Contents

• Global Tensions: China and the Middle East
  
  1. China’s Stimulus: A Short-Term Fix or a Sustainable Solution?
  2. Middle East: A Region of Enduring Conflict
  3. Inflation: A Threat on the Horizon?
• The US Elections and the Effects on the Economy
  
  1. Elections: Policy Over Politics
  2. Employment: The U.S. Job Market Remains Strong
  3. Consumer Spending and Retail Sales
• Conclusion
• Key Market Indices

‍