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World economy haunted by risk just got a double shot in the arm

From Bloomberg.....looking ahead to 2020....

Trade deal, Johnson’s win remove some uncertainty clouding growth prospects

The twin developments come amid broader signs that demand across much of the world is stabilising as key manufacturing gauges trough. The International Monetary Fund had flagged upside risks to its recent outlook if major trade tensions were resolved.

Morgan Stanley economists expect the global economy to recover some momentum in 2020 with growth improving from a trough of 2.9 per cent in the fourth quarter of this year to 3.4 per cent by the end of 2020 with that uptick driven more by the rest of the world than the US.

https://gulfnews.com/business/world-economy-haunted-by-risk-just-got-a-double-shot-in-the-arm-1.68481429

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