The pace of growth of the global economy is stabilising

The pace of growth of the global economy is stabilising

After the cyclical deceleration in 2019, the pace of growth of the global economy is stabilising.  In the United States, real GDP increased by 2.3% over full-year 2019 compared to 2.9% in 2018. "Hopes for an economic recovery rest primarily on an improvement in activity in the real estate sector, which is benefiting from the significant fall in mortgage rates", indicates Guy Wagner, Chief Investment Officer and managing director of the asset management company BLI - Banque de Luxembourg In...

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