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RESEARCH  |  3 POINT PERSPECTIVE  |  MACRO SHIFTS

Q2 2023 Global Outlook: This too shall pass

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Contributors: Ajay Rajadhyaksha & Amrut Nashikkar

Fears of a systemic banking crisis are overblown. But the effects of interest-rate hikes and tighter credit conditions should tip the West into contraction from the third quarter, according to our Research analysts.

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Contributors: Ajay Rajadhyaksha & Amrut Nashikkar

Living with shock and awe
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About the experts

Ajay Rajadhyaksha

Global Chairman of Research

Ajay Rajadhyaksha is Global Chairman of Research at Barclays, based in New York. He drives the global macro research and strategy effort including economics, rates, FX, commodities, emerging markets, and asset allocation. Since joining Barclays in 2005, Ajay has held various positions, including Head of Macro Research, Co-Head of FICC Research and, before that, Head of US Fixed Income Research and US and European Securitised Research.

Amrut Nashikkar

Managing Director, Fixed Income Strategy

Amrut Nashikkar is a Managing Director in the Fixed Income Strategy team at Barclays based in New York, covering interest rate derivatives with a focus on interest rate volatility and the Libor transition. Amrut joined Barclays in 2008 from Lehman Brothers, where he was an interest rate strategist. Prior to that, he taught at New York University, where he graduated with a PhD in finance. He also holds a management degree from the Indian Institute of Management, Ahmedabad, and an undergraduate degree in engineering from the Indian Institute of Technology, Kharagpur.

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