Tendencies of The World Economy in 2020

The outgoing 2019 was full of important economic and political events, some of them being Brexit and the US elections. The coming year certainly will bring other important events as the result of the elections in France, the Netherlands, and possibly Italy, Trump moving into the White House, and Britain set to trigger Article 50.

Adam Slater, the lead economist at research house Oxford Economics, helps us to take a look into the future. He has compiled a list of 10 themes which describe the major tendencies of the world economy in 2020:

- The renminbi will stay stable
- Wage growth will return
- Stocks will outperform fixed income for a second year
- The euro and the dollar will hit parity by the end of the year
- The eurozone will remain robust
- British growth will be better than consensus
- Emerging markets will remain unpredictable, with differing outcomes across the board
- Global trade growth will remain "sluggish"
- GDP growth globally will improve a little
- Inflation in the USA will shape global discourse


Source:
http://www.businessinsider.com/what-to-expect-from-the-economy-in-2020-2019-12