Donald Trump’s economic policies are likely to produce higher US inflation and interest rates, and more dollar appreciation, than financial markets expect. But Europe could stabilize after France's presidential election, ushering in a period of healthy economic growth and strong financial performance.
LONDON – Economic pundits traditionally offer their (traditionally inaccurate) New Year predictions at the beginning of January. But global conditions this year are anything but traditional, so it seemed appropriate to wait until US President Donald Trump settled into the White House to weigh in on some of the main surprises that might shake up the world economy and financial markets on his watch. Judging by current market movements and conditions, the world could be caught off guard by three potentially transformative developments.
LONDON – Economic pundits traditionally offer their (traditionally inaccurate) New Year predictions at the beginning of January. But global conditions this year are anything but traditional, so it seemed appropriate to wait until US President Donald Trump settled into the White House to weigh in on some of the main surprises that might shake up the world economy and financial markets on his watch. Judging by current market movements and conditions, the world could be caught off guard by three potentially transformative developments.