The global economy is growing at its fastest pace since the financial crisis of 2008, but what do we foresee for 2018? We expect this strength to continue into 2018 though we expect this to be reigned in by tighter monetary policy at some point over the next few years. Indeed we view the primary risk to almost all financial markets is the risk that the Federal Reserve raises rates more aggressively than expected. However other harder to quantify risks remain such as geo-political uncertainty.
Mercer’s global outlook 2018 shares insights on:
- Drivers of the global economy
- Views on monetary policy and impacts on financial markets
- Assessments on equity, bond and currency valuations