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Convergence puts global growth in holding pattern : Outlook for Europe, Asia is better than U.S. expectations

Jan 07, 2019 - Pensions & Investments

Investors can expect a slight slowing in global growth and increased convergence between regions as their calendars flip into 2019.

Money management executives and economists largely see this year as one where the U.S. experiences slower - although still fairly strong - growth, while Europe and Asia potentially pick up from a benign 2018.

The International Monetary Fund's latest World Economic Outlook, published in October, forecasted global growth for 2018 at 3.7%. For the U.S., rea...