Middle East and Africa Summit 2020

Shifting Tides: A Macroeconomic Outlook

With major uncertainties of Brexit seemingly resolved and more conciliatory rhetoric prevailing in trade disputes, global markets have remained strong. Despite these welcome developments and the return of monetary easing, last year, global growth dipped to the lowest point since the Great Recession. The risks another year of dragging growth, and even recession, remain real. As Emerging Markets and Europe continue to underperform, now may be the time to increase portfolio exposure. As attention shifts, it is more important than ever to accurately identify and closely monitor the key indicators of global growth.