Allianz Research

Allianz Global Wealth Report 2024:
Surprising relief

2021-2022: Vaccine economics

The Covid-19 vaccine will supercharge global growth in 2021, but short-term headwinds, and a complete recovery only by 2022, will create transition risks.

US & EMU Corporate Spreads

Two recent events have cleared the way for a second wave of spread tightening, leading them closer to their pre-pandemic levels. 1) the resolution of the US presidential elections and 2) the positive news around the vaccines timeline and availability. 

Growing pains: The future of incomes for lockdown Gen-Z

The youth labor market is highly sensitive to economic cycles, with young people more likely to be in precarious employment than any other age group. After the 2008 Great Financial Crisis (GFC), it took years to recover across Europe and it could take even longer to recover from the impact of the Covid-19 pandemic as it will hinder human capital accumulation, punishing young workers further and widening already present intergenerational inequalities.