SPXT - IMF And World Growth: Best In Forty Years

• The IMF is forecasting world economic growth to be the best in forty years with the United States and China leading the way as economies recover from the COVID-19 pandemic.
• The recoveries throughout the world are primarily supply-side recoveries from the closures and shutdowns, but some countries, like the U.S. are pushing big spending programs.
• The world economies are recovering but how they proceed will have significant impacts on which country benefits against the others.
• The U.S. path raises concerns about how the U.S. dollar will fare against the Chinese Yuan and how this will impact the position of world reserve currencies going forward.

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