Investment Clock economic update: fending off recession
Global growth has slowed, and is likely to slow further before bottoming out next year. Recession (US or global) still isn’t central case, thanks to resilient consumers and looser monetary policy. But downside risks have grown in recent months with trade tensions ratcheting up. Uncertainty related to US trade relations or Brexit isn’t likely to disappear any time soon. Uncertainty is likely to remain a partial drag on business sentiment and global growth in coming quarters and help to prompt a bit more policy stimulus yet. Find out more in the latest Investment Clock economic report from our economist, Melanie Baker.
Past performance is not a reliable indicator of future results. The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get back the amount originally invested. The views expressed are the author’s own and do not constitute investment advice.