ASB - What to expect in 2019

06-Mar-2019 12:25:02 Share this:

Global economy

2018 was a turbulent year for the globa 1 economy, resulting in the worst year for global stock markets since the Global Financial Crisis. Four US Federal Reserve rate hikes, trade wars, uneven global growth, an increasingly fragile Chinese economy, emerging market stress, Brexit, surging and tumbling oil prices, flattening yield curves and Italian debt concerns put an end to a prolonged period 
of calm in global financial markets. In an era where rising asset prices have been predicated on loose monetary policy and calm financial conditions, there was a distinct change in tone over 2018.

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