Friday, December 6, 2019

Global Economy Will Recover


https://www.cnbc.com/2019/12/05/global-economy-will-recover-in-the-second-half-of-2020-says-ubs.html




Global growth will recover in the second half of 2020 as the trade war between Washington and Beijing eases and central banks’ monetary policies come into effect said Adrian Zuercher, APAC head of asset allocation at UBS Global Wealth Management’s Chief Investment Office. Tensions are already smoothing with the first phase of the trade deal having taken place in October. The second phase is set to take place on December 15. Do you think these trade deal will continue to succeed and do you think we will avoid entering a recession in 2020?

1 comment:

  1. As global growth bounces back it will be key to watch and see where the trade war is going along side of it. As it seems to be cooling down, this is good for global growth as long as it stays this way.

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