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...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Global

The Big Interview: Cohen & Steers' Jon Cheigh on market turmoil and cutting through today's noise

The Big Interview: Cohen & Steers' Jon Cheigh on market turmoil and cutting through today's noise

Investing is 'at least 50% behavioural'

Sorin Dojan
clock 01 May 2025 • 4 min read
IMF slashes world growth forecasts as global economic system enters 'new era'

IMF slashes world growth forecasts as global economic system enters 'new era'

Global GDP growth revised down

Beth Brearley
clock 22 April 2025 • 2 min read
Over half of CEOs expect rise in global economic growth in the next year

Over half of CEOs expect rise in global economic growth in the next year

UK a more important investment choice

Sorin Dojan
clock 21 January 2025 • 3 min read
Trustpilot