What could spoil 2020?

Anatole Kaletsky | Gavekal Dragonomics | 20 January 2020

The traditional January game of economic forecasting for the year ahead hardly seems worth playing when the predictions have been the same for a decade. In 2020, it is even more likely than it has been every year since the Global Financial Crisis (GFC), that the global economy will continue growing, interest rates will remain at rock-bottom levels, and stock markets will keep rising. So, instead of predicting the most probable scenario (which is fair...