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RWIU - Evaluating Challenges To The Global Economic Outlook
Direxion FTSE Russell International Over US ETF Direxion Shares ETF Trust
By Darren Williams
The global economy faces its most challenging year in over a decade. Policymakers still have options, but can they use them effectively?
We've revised our forecasts and now expect the global economy to grow by just 2.3% next year, the lowest in ten years. That's not weak enough to be called a recession and it's certainly not comparable to 2009 (when global output contracted by 2%), but it does represent a material slowdown that could leave the world more vulnerable to adverse shocks.