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After a dip in global real economic growth last year, when a collapse in oil prices crushed the energy sector and related industries, I see global real GDP growth climbing to about 3.4% this year, leveling off through 2018. I also expect emerging market growth to outpace developed market growth this year and next, and see very few catalysts that could significantly increase the pace of global real economic growth. The longer-term path for stable growth and inflation remains intact, which suggests this fairly slow but steady global expansion can continue.
Read on for a visual snapshot of our key themes across the globe.
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Market conditions are extremely fluid and change frequently.
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