Allianz Research

Allianz Global Wealth Report 2024:
Surprising relief

Playing with a squared ball: the financial literacy gender gap

There is a persistent financial literacy gender gap. Out of the nine questions we asked to assess the level of financial literacy, the mean number of correct responses from women was 3.7 (median 4), while that of men was 4.5 (median 5).

US immaculate disinflation: How much should we thank the Fed for?

Half of the decline in US inflation since last year is the making of the Fed. The fall of inflation to 3% in June has cheered markets by strengthening the argument that the US economy can achieve a soft landing, avoiding a recession and normalizing inflation. 

Back to the beach: Tourism rebound in Southern Europe?

Will surging travel prices wash out Southern Europe’s all-important summer season? Beach holidays are the top choice for leisure trips (30.3%) but 41% of European travelers expect to spend more than EUR1,500 on their holidays this summer, up from 33% last year.