Economic and Strategy Viewpoint December 2018

Also Interesting

• Volatility: Has the sleeping giant just woken up?
• Markets appear prepared for rejection
• Consensus FX Forecasts

Forecast update: US recession 2020?

We have trimmed our forecast for global growth to 2.9% from 3.1%, the third consecutive downgrade. The move is largely driven by downgrades to the eurozone and emerging markets. Growth in the major economies appears to be converging downward as the US slows and others fail to strengthen.