Posts Tagged "Synchronized global slowdown"

Synchronized global slowdown

Posted By Darren Winters on Oct 28, 2019

The global economy is experiencing a “synchronized global slowdown,” those were the precise words used by IMF Chief Economist Gita Gopinath in a recent report released by the IMF. The global growth outlook is its weakest since the Great Recession of 2008, according to the IMF report. Here is the bit which suggests that there may be trouble ahead. The IMF estimates that 90% of the world sees slower growth, which is a...