Oct 16, 2019

📉 ~ ‘Awfully high’ risks of a global recession in the next 12-18 months, Moody’s chief economist says (CNBC) ~ | .. Even if there isn't a global recession over the next 12 to 18 months, it's clear that the economy is going to be much weaker, says Mark Zandi of Moody's Analytics .. |

  • Avoiding a recession requires many factors to “stick to script” at the same time, says Mark Zandi, chief economist of Moody’s Analytics.
  • That includes U.S. President Donald Trump not escalating the tariff war with China, the U.K. finding a resolution to Brexit and central banks continuing their monetary stimulus, he says.
  • The International Monetary Fund, in its World Economic Outlook report released on Tuesday, cut its forecast for global growth once again.

No comments:

Post a Comment