Fireside Friday with… Pictet Asset Management’s Luca Paolini
The TRADE
AUGUST 2, 2024
On a trade-weighted basis, we expect a decline of some 2% per year through to 2029. The global economy rests on less robust foundations compared with the days when interest rates and inflation were both heading lower and international trade was booming. Consequently, we expect only modest GDP growth of just 2.6%
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