Five stabilising factors for economies in 2019
Investors think that the global economy could be in recession in 2019, hence the sharp fall in financial markets. But it is important to not overlook five stabilising factors that are likely to stave off a recession: Monetary policies are going to remain expansionary, even in the United States. Fiscal policies are going to remain expansionary. While demand for industrial products and residential construction have fallen , demand for services remains strong. The financial situation of companies is very solid and even improving. The trade war in reality has only a very small effect on the global economy.