19/04/2024
Expert Talk
The Upside of Geopolitical Uncertainty
Protectionism intensifies while negotiation continues
Friday 06 July 2018
Expert Talk
Protectionism intensifies while negotiation continues
The current global expansion is set to run until 2020, with above potential growth in most countries in 2018 and 2019. However, the global GDP growth has started to decelerate and Amundi expects it to slow further in 2020. At this stage, the main driving force behind the expansion is domestic demand. Global trade, which lost momentum in 1H18 with uncertainty about tariffs, is not expected to drive growth in 2019.
