I've noticed one of the most respected Economists, Oxford Economics, has predicted Global GDP to rise to 3.1% in the second half of 2022. Even our own RBA believes our GDP will be at 2.2% in 2023.
So for me, as our Economy, the U.S., Japan, and GB are still powering on into headwinds, a Global Recession - No.
Thoughts?
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Peter Batten, MD
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