Populism is a political phenomenon that has left many investors uncertain of the world’s economic direction.
However, many economists say the global economy is experiencing a “Goldilocks phase” – meaning it’s not too hot and not too cold.
Chief Economist at global investment manager Schroders based in the UK, Keith Wade says, “The key thing at this moment is that the growth that we have in the world economy seems to be just right and that is a really good combination particularly for investors.”
“Whenever the economic growth is too strong, economists get worried that we going to start seeing a real pickup in inflation so people become really concerned that growth is too strong or hot. On the other hand if growth is weak then people begin to get worried about deflation.”
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