Review May Forecast : we got it right in
our forecast that the high borrowing cost and credit crunch could lead to more
bankruptcies and increased stress on the CRFE market. We also got it right that
inflation in Europe will remain lofty and that more countries will announce
their interest to join BRICS+. To date, the number of countries which have
expressed interest to join BTICS+ have reached 30.
You can watch the recording of our
forecast for the month May here: https://youtu.be/oK2MefO7e4E
June could see more volatility as we could
witness more transformations taking place in government policies, market
sentiment and the economy. It will be a month where positives and negatives
will be vying for dominance.