“This fragility that we had identified and the precariousness of the recovery is actually confirmed,” Lagarde said Wednesday at the American Enterprise Institute in Washington. “We’re now seeing this synchronized deceleration of growth.”
In its April forecast, the fund projected global growth would pick up in the second half of this year, but that was based on the assumption that the U.S. and China wouldn’t hike tariffs on each other.
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Source: dailymaverick - 🏆 3. / 84 Read more »
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Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Emerging markets buffeted by trade tariff surprisesEmerging markets have taken the brunt of the pain as Trump’s trade announcements send investors to the perceived safe havens. But many of these countries are trading at attractive valuations, with mixed economic fundamentals, so savvy investors could well be winners if they take the time to sort the wheat from the chaff.
Source: dailymaverick - 🏆 3. / 84 Read more »
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Source: dailymaverick - 🏆 3. / 84 Read more »
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Source: dailymaverick - 🏆 3. / 84 Read more »
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Source: dailymaverick - 🏆 3. / 84 Read more »