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U.S. GDP data has come in considerably stronger than analysts were expecting, which, together with the good employment data, represents a very strong argument for not making rate cuts, says Javier de Berenguer, investment manager and fund selector at MAPFRE Gestión Patrimonial.

Current trends paint a complex picture, where reality is intertwined with the predictions of essayists who write on the topics of social unrest and geopolitics.

The Chinese real estate sector has been under the microscope of regulators, government, analysts, and investors for just over two years, and it became much more evident this week after the Hong Kong High Court ordered the company's liquidation.

MAPFRE Economics, MAPFRE’s research arm, always calculates two scenarios when drafting its “2024 Economic and Industry Outlook” report, which makes even more sense at present when there are more and more exogenous factors that can influence economic performance.

Analysts expect a contraction in banking margins in the coming months, due to macro weakness and the situation with rates. However, Alberto Matellán, chief economist at MAPFRE Inversión, explains how banks have the ability to minimize the impact of this.

The market's expectations for lower interest rates are "excessively" optimistic, according to MAPFRE Gestión Patrimonial in its monthly report for January, where it explains that these expectations are not justified from the point of view of inflation and growth.

Japan is becoming increasingly attractive to investors, thanks to its productive investment, exchange rate, monetary policy and inflation trend, which makes it stand out from other Asian markets, such as China, where investors have received the growth data negatively.