TORONTO, Jan. 13, 2020 /CNW/ - Scotiabank Economics today published its Q1 Global Economic Outlook report. This comprehensive report explores the key factors affecting the global outlook for 2020 and 2021.
"Developments in recent weeks serve as a stark reminder that the central economic and financial thesis of the last year remains unchanged – uncertainty is here to stay so long as President Trump remains in office," said Jean-François Perrault, Senior Vice President and Chief Economist at Scotiabank. "A few days into the new year, President Trump has already reminded us that event risk will remain a feature of his presidency."
"We take comfort in the détente between China and the United States on the trade front, but this development has no tangible impact on our view, other than reducing a major tail risk," he continued. "We still believe that a modest expansion will continue in much of the global economy."
Highlights of Scotiabank's Q1 Global Economic Outlook include:
Read the full January 2020 Scotiabank Economics Q1 Global Economic Outlook Report: A Most Uncertain World, Take 2 online here.
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