An Update on Global Growth

According to our EM strategists, there is not much evidence to argue that global growth is improving:

  • Global trade volumes are contracting and EM share prices – advanced by six months – indicate that the pace of global trade volume contraction will escalate.
  • EM import volumes are contracting, and US import volume growth is heading to zero.

Indicators revealed in the next Insight also point towards downbeat growth conditions.

Related:
Global Liquidity Update - Japan, Euro Area, and Emerging Markets All Negative

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