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IMCV - A Hobbled Recovery Along Entrenched Fault Lines
iShares Morningstar Mid-Cap Value ETF
The global recovery continues but momentum has weakened, hobbled by the pandemic.
Compared to our July forecast, the global growth projection for 2021 has been revised down marginally to 5.9 percent and is unchanged for 2022 at 4.9 percent.
The dangerous divergence in economic prospects across countries remains a major concern.