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Economic Outlook 2019: Reaping the whirlwind

Fall 2018

The storm centers on the US, a ‘high pressure economy’ tirelessly creating jobs. Approaching a situation of overheating, the Fed won’t hesitate to tighten its monetary policy, and this could have global repercussions on the most cash dependent economies and companies. The US fiscal policy also plays the role of a powerful absorber of global USD liquidities by offering attractive returns to investors.

 

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