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Global Recession Unlikely in 2019, IHS Markit Says

Global economy will continue to expand at a modest rate in 2019, according to new analysis.

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By: Anthony Locicero

Copy editor, New York Post

In spite of recent shocks in financial markets, the global economy will continue to expand at a modest rate in 2019, according to new analysis released at the World Economic Forum in Davos by IHS Markit. “A ‘perfect storm’ shook markets in late 2018,” said Nariman Behravesh, chief economist, IHS Markit. “Slowing global growth, the gradual removal of monetary accommodation, the China-U.S. trade conflict and U.S. government shutdown all contributed to the recent rout. However, it’s important t...

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