Donald Trump

Red flags

Markets have enjoyed a strong start to 2019, with the MSCI World index up over 16% in the first half.

A broader swathe of economic indicators — of the recent past, present and future — have fallen to indisputably weaker levels than at any time since the 2008 global financial crisis.

Dovish shift in Fed policy as economic data deteriorates

Current US economic expansion now 121 consecutive months

Bone fide free trade has already disappeared

Cutting costs - and political legacies - dominating the US

'Markets will need to get used to this'

Central banks in tight position in case of downturn