It has not been a good start to the year for the global economy. Expectations for the pace of GDP growth are falling. The dominant themes in financial markets are volatility and uncertainty. The US S&P500 equity index fell 5% in the first four days of trading this year, its worst four-day opening in history. Most economists think global growth prospects are more likely to weaken than strengthen in coming months.
2016: the Year Ahead for the Global Economy
