1 August 2017 The recent release of second quarter GDP data had something for everyone. For the post-Brexit sceptics, the meagre 0.3% gain (following a similarly paltry advance in Q1) confirmed the economic recovery was faltering. Recently, weak consumer spending has been a major headwind, resulting from modest income growth and higher prices following sterling’s [...]
22 June 2017 The Conservative Party’s failure to gain a majority of Parliamentary seats in the June 8 snap election has shifted the landscape on key policy issues. In particular, Prime Minister Teresa May had asked the British electorate for a mandate to adopt an aggressive stance in upcoming Brexit negotiations, including walking away if [...]
24 April 2017 After the most unpredictable and consequential election in recent French history, Emmanuel Macron and Marion Le Pen have advanced to the second round run-off on May 7. Even with the field now reduced to two candidates, however, the nation still faces a stark choice, as the candidates represent distinctly different visions about [...]
Attached is the IMF's forecast in their April 2017 World Economic Outlook imfweo417rev