How dark are those clouds on the horizon?

Tune in to this week’s CIO Weekly Investment Outlook podcast, to hear from Dirk Steffen, Global Chief Investment Strategist of the Private Bank as he takes stock of a bleak economic outlook after economists warn a recession in the U.S. and Europe looks ‘increasingly likely’.Energy supply concerns and aggressive central bank rate rises have the potential to slow the global economy significantly, but with main asset classes currently available at a substantial discount and a U.S. Federal Reserve hiking cycle already baked into bond prices, could the upcoming Q2 earnings season be the catalyst to buy?For more investing insights, please visit deutschewealth.comThis podcast may be considered marketing material. The value of an investment can fall as well as rise and you might not get back the amount originally invested. The services described in this podcast are provided by Deutsche Bank AG or by its subsidiaries and/or affiliates in accordance with appropriate local legislation and regulation. Deutsche Bank AG is subject to comprehensive supervision by the European Central Bank (“ECB”), by Germany’s Federal Financial Supervisory Authority (BaFin) and by Germany’s central bank (“Deutsche Bundesbank”). Brokerage services in the United States are offered through Deutsche Bank Securities Inc., a broker-dealer and registered investment adviser, which conducts investment banking and securities activities in the United States. Deutsche Bank Securities Inc. is a member of FINRA, NYSE and SIPC. Lending and banking services in the United States are offered through Deutsche Bank Trust Company Americas, member FDIC, and other members of the Deutsche Bank Group. The products, services, information and/or materials referred to within this podcast may not be available for residents of certain jurisdictions. © 2022 Deutsche Bank AG and/or its subsidiaries. All rights reserved. This podcast may not be used, reproduced, copied or modified without the written consent of Deutsche Bank AG. 030620 030121