Clifford Beaumont Suggest Global Economic Growth In 2018
TAIPEI, Taiwan, Jan. 09, 2018 /PRNewswire/ - Clifford Beaumont have suggested that in the beginning of 2018, many investors and financial market participants want to know whether the bullish trend of the previous year will go on at the same pace.
The global economy has demonstrated an impressive overall uptrend, with many subcategories hitting record highs. The economic growth had an impact on Asian regions as well. For instance, MSCI Asia ex-Japan Index added 40% for the year, surpassing the American S&P 500 for the first time in five years.
Researchers at Clifford Beaumont suggested that given that the macro fundamentals are mostly unchanged, the global economy might provide us another great year. While many key traders at Clifford Beaumont anticipate the economy to grow over four percent in 2018, which is slightly above the economic growth recorded in 2017.
Patrick Morris, Head of Corporate Trading at Clifford Beaumont said: "2018 might bring us some challenges as well, but investors should not miss another great year."
Last year, the global economy performed the best year since 2011, hitting 3.8%, up 0.7% compared to the growth in the previous year. Interestingly, 2017 was the seventh year in the last 30 years when each of the G20 economies went up.
In the last years, recessions have been triggered by changes in oil price, high interest rates, low government spending, and bubbles. However, 2018 should be quite calm, as oil prices are expected to go flat, central banks will not come with significant changes, and governments will spend based on an already set ratio against the GDP.
"Investing in securities and sectors is still the best approach to benefit from the economic cycle and prevent the effect of market volatility," concluded Dimitri Vidic, Director of Mergers & Acquisitions at Clifford Beaumont.
The only major concerns remain the potential unexpected shocks caused by conflicts between the US and North Korea or problems in the Middle East.
Asia should also have a great year, with policies like China's Belt and Road Initiative, low interest rates, higher profitability, and other factors supporting investment. Analysts from Clifford Beaumont have highlighted that Investment growth in Asia is expected to accelerate from 5% in 2017 to over 8%.
About: Clifford Beaumont is an independently owned provider of financial planning services and comprehensive wealth solutions.
SOURCE Clifford Beaumont
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