Posted December 26, 2018

The Economist sees economic trouble ahead in 2019

America’s longest-ever expansion will approach its end.

Red lights are flashing—not everywhere and not all at once, but enough to signal economic trouble in 2019. Borrowing costs are rising, debt is soaring, stockmarkets are volatile and cash is leaving emerging economies. The world’s two biggest economies are in a trade war, and though America is booming, China’s consumers and markets seem to have lost their mojo.

Emerging markets will be particularly unsettled. A decade of ultra-low interest rates in the rich world is ending: America’s Federal Reserve, having raised its main borrowing rate several times in 2018, will do so again in 2019.

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