After the harmonised and corresponding global economic ‘mini boom’ during 2017, then came the contrasting and very different varied growth rates of various global economies over 2018. This has been when the majority of countries outside the US started to experience economic slowdown.
Experts have released their most pressing uncertainties regarding the following situations around the world:
Inflation in the US.
The US Federal Reserve’s policy trajectory.
Ongoing global trade wars.
Italy’s budget and liquidity problems.
Interestingly Brexit was omitted from the list. The cause seems to be due to merging market instabilities towards the end of 2017 which led to a sharp drop in global equity markets throughout 2018; getting worse toward the end of 2018.