Global Growth
10/17/2019 |
The IMF is predicting global growth to slump to just 3% in 2019, the weakest rate since the housing bust and down from 3.8% as recently as 2017. The major culprit, global trade, which will grow by just 1.1%; in 2017 it was 5.7%. US growth is expected to be 2.4% this year and 2.1% next. Unless the trade war is resolved and tariffs removed, take the under for both.