Economic Outlook 2018

January 22, 2018

At long last, the global financial crisis finally appears to be over.

  • We’re experiencing a synchronized expansion across most developed and emerging economies, but we don’t expect global growth to return to the high rates recorded prior to 2007 any time soon.
  • Looking out over the next year or so, we think global growth can still be vibrant enough to allow risk assets to perform well.
  • Based on our outlook and long-term expectations, we will maintain our risk-on bias until we see more evidence that such a stance merits revision.

Economic Outlook