Global Growth Has Peaked, We Are In A “Dangerous New Phase”

The markets have entered a “dangerous new phase,” a Macquarie report in February predicted. Now the global desk strategy team wonders if “global growth has peaked” in an April 4 report of the same name. And they are not alone in this assessment. That said, barring any unforeseen impact from a trade war, global growth should remain steady in the future.

In January the World Bank proclaimed that global growth appeared to be peaking, with aging demographics, a lack of investment growth, slowing productivity gains and tightening monetary policy across the developed world all contributors.

The World Bank report, like the Macquarie...