VGFO - IMF Cancels Globally Synchronized Growth Confirms The Worst Case

The IMF becomes the latest mainstream organization to abandon the recovery. It wasn't really much of one to begin with, mostly just the hope that an uptick in growth would lead to the long sought, and necessary, completion. Globally synchronized growth in 2017 was supposed to mean a plausible pathway toward it.

The IMF's World Economic Outlook (WEO) said in October 2017:

The earlier projected increase in growth is strengthening. Notable pickups in investment, trade, and industrial production, coupled with stronger business and consumer confidence, are supporting the recovery.

Within months, maybe weeks, of

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