Gold Silver Reports (GSR) – Wall Street Economists See Global Growth Cresting Not Collapsing – Despite the soft start to the year and ongoing trade tensions, economists on Wall Street and beyond are sticking to forecasts for another solid economic expansion in 2018 while acknowledging the risks of slippage have mounted.
Here’s a rundown of what economists at major banks are saying in reports and interviews about the outlook. The forecasts are for global output in 2018 and are mostly in terms of purchasing power parity, the metric favored by the IMF which currently anticipates an expansion of 3.9 percent.
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The International Monetary Fund conducts its semi-annual health check of the world economy this week with investors fretting global growth is starting to sag after accelerating the most since 2011 last year. – Neal Bhai Reports (NBR)
