ECB Warns of Stability Risks From Global Elections, Geopolitics

-- Geopolitical tensions and a raft of elections around the world are heightening the risk that investors will be jolted by negative surprises and endanger financial stability , the European Central Bank warned.F1 Mogul’s Ex-Wife Builds Family Office to Manage Divorce Riches

Despite that backdrop, the chances of a soft landing in Europe have risen, as inflation eases toward 2% without a deep recession or a spike in unemployment. The European Commission on Wednesday forecast that price growth will moderate more quickly than previously anticipated, while prospects for an economic recovery will remain intact.That means overall threats to financial stability have receded compared with the last report six months ago, the ECB said.

Another concern is public finances. According to the commission’s forecast, budget deficits that widened significantly due to pandemic and energy support aren’t narrowing as quickly as previously thought. It also warned that tight financial conditions are testing households and corporates that have so far stayed resilient to rising borrowing costs.

On a more positive note, the ECB said that even if corporate insolvencies have increased to above pre-pandemic levels in several countries, “defaults and non-performing loan rates have remained relatively low.”CNN Reveals Its Debate Moderators—and Trump Might Not be Happy The former president had suggested that his successor was reluctant to debate him. But on Wednesday, that claim was thrown out the window.This dividend stock offers a high yield and significant long-term growth potential. It's also one of the safest stocks you can buy. The post Why I Continue Buying Shares of This Healthy and Secure 5.3%-Yielding Dividend Stock appeared first on The Motley Fool Canada.

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