Is this a tipping point towards weaker global growth?

clock • 4 min read

Markus Schomer, chief economist at PineBridge Investments, explains why he is forecasting stronger growth in the next two years as three shocks that hit the global economy in the past 18 months fade away.

We were tentatively optimistic that global fundamentals will improve later this year, and that a stronger growth trend will emerge in 2017 before Brexit and remain so after. What is your strategy for an uncertain post-Brexit H2?  Brexit is not likely to tip the global economy back into recession. It's not another Lehman event. Sure, it will have serious economic consequences for the UK. Uncertainty over access to the EU's single market will stall investment spending and, with that, economic growth in the next few quarters. A recession is possible. Yet, the weaker British pound s...

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