Is The Recession At The Door For The World Economy?
Is The Recession At The Door For The World Economy? Whether the recession is close with the slowdown in the world economy is the most important question on the agenda of financial markets, companies and politics.
The global economy is failing and whether it will topple is the most important question on the agenda of financial markets, companies and politics.
Investors enjoyed the positive news that the US and China reached a partial trade agreement on Friday, while signals that Britain could leave with the European Union (EU). However, the debate about how close the world is to the first recession since 2009 could soon flare up again.
The International Monetary Fund (IMF) will hold an annual meeting in Washington this week and there will be discussions on this issue. Bloomberg Economics’s global GDP follower shows that the growth rate fell from 4.7 percent in early 2018 to 2.2 percent in the third quarter.
The IMF‘s new leader, Kristalina Georgieva, sees a “serious risk of the slowdown spread, and the institution is likely to pull the global growth forecast for 2019 down from 3.2 percent, the lowest level since 2009.
Bond traders are absolutely worried that $ 14 trillion is traded at negative interest. However, stock investors have moved the MSCI World Index up 14 percent this year.
Tom Orlik, chief economist at Bloomberg Economics, said that “a lot should go well for the world to stand out from the slowdown.
Among the key issues to be concerned about the global recession in 2020 are the US-China trade war, weak global production, geopolitical tensions, the slowdown of global profit growth in the second quarter, and the decline in central bank ammunition before a possible recession.