Global Outlook: Tenuous Trade Truce Overshadows Sluggish Demand

Bottom line: The most likely scenario is one of rather sluggish global growth, stabilizing from some 2019 trends, but not a strong expansion into 2020. A U.S. recession is not a done deal, and monetary policy settings will shift to an easier mode. These trends will likely keep political pressures and distribution issues rising and… Continue reading Global Outlook: Tenuous Trade Truce Overshadows Sluggish Demand