{"id":16875,"date":"2023-07-18T11:01:30","date_gmt":"2023-07-18T10:01:30","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/tomd\/?p=16875"},"modified":"2023-07-18T11:02:14","modified_gmt":"2023-07-18T10:02:14","slug":"global-economy-signs-of-optimism","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/tomd\/2023\/07\/18\/global-economy-signs-of-optimism\/","title":{"rendered":"Global economy – Signs of optimism"},"content":{"rendered":"
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Although the global economy continues to face significant headwinds, statistics released during the first few months of this year have revealed unexpected signs of resilience. This has led economists to begin upgrading growth forecasts, while the World Economic Forum\u2019s latest Chief Economists Outlook reported signs of <\/strong>\u2018nascent optimism.\u2019<\/em><\/strong> <\/strong> <\/p>\n<\/div>\n\n

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Growth stronger than expected<\/strong> <\/p>\n<\/div>\n\n

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Uncertainty undoubtedly continues to be a key feature of the world economy with pressure being exerted from a number of issues. First quarter data, though, has shown that the global economy performed better than most economists had previously feared, with growth recorded across all regions amid signs of the green shoots of recovery. <\/p>\n<\/div>\n\n

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Inflationary pressures set to fall <\/strong> <\/p>\n<\/div>\n\n

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Persistent inflationary pressures and tighter financial conditions, however, do remain key challenges for policymakers around the globe. Inflation has so far stayed stubbornly high and, while economists do expect it to continue falling over the rest of the year, this decline is predicted to be at a slower pace than previously thought. <\/p>\n<\/div>\n\n

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Resilient economic growth <\/strong> <\/p>\n<\/div>\n\n

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A key theme at the World Economic Forum\u2019s recent Growth Summit was \u2018enabling resilient economic growth\u2019<\/em> with discussions focusing on inclusive and sustainable growth, and equitable globalisation. The organisation\u2019s updated forecast showed a notable strengthening in growth expectations, although it also highlighted sharp variations by region. The most buoyant activity is predicted to be in Asia, with China\u2019s reopening expected to drive a significant rebound, while growth prospects are thought to be noticeably weaker in Europe. <\/p>\n<\/div>\n\n

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Diversification is key<\/strong> <\/p>\n<\/div>\n\n

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An improving outlook should clearly create opportunities for shrewd investors. However, the relatively uncertain backdrop, along with divergent regional dynamics, inevitably means diversification will remain a vital component in any investor\u2019s armoury. Spreading money in a globally diversified portfolio across a range of sectors and different size businesses should, as ever, prove an effective way to mitigate risk in the quest to build wealth. <\/p>\n<\/div>\n\n

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The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated.<\/strong> <\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Although the global economy continues to face significant headwinds, statistics released during the first few months of this year have revealed unexpected signs of resilience. This has led economists to begin upgrading growth forecasts, while the World Economic Forum\u2019s latest Chief Economists Outlook reported signs of \u2018nascent optimism.\u2019   Growth stronger than expected  Uncertainty undoubtedly continues […]<\/p>\n","protected":false},"author":4,"featured_media":16876,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,89],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/16875"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/comments?post=16875"}],"version-history":[{"count":3,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/16875\/revisions"}],"predecessor-version":[{"id":16879,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/16875\/revisions\/16879"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media\/16876"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media?parent=16875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/categories?post=16875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/tags?post=16875"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/hd_content_source?post=16875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}