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Last week, the OECD has cut the growth forecasts for almost every major economy, except for Japan (EWJ, DXJ). Back in May, the OECD already trimmed its growth expectations for 2019, but this time around, we also received some significant down revisions for 2020.
Overall, the OECD has lowered its global growth forecasts by 0.3% and 0.4% for 2019 and 2020, respectively.
In 2029, it's the US (SPY, DIA, QQQ, IWM), Germany (EWG), and the UK (EWU) that are mostly responsible for the