Flash Notes

22 de Maio de 2026
Monthly Report | Economic and Financial Market Outlook | May 2026

Economy and markets between two worlds: geopolitics and artificial intelligence


The most positive (and surprising) aspect of recent economic developments has been a response from the financial sector to the increased uncertainty caused by geopolitical instability. However, despite our continued focus on this issue and all its ramifications, the elephant in the room remains the medium-term implications of AI on macroeconomic variables.