Colombia | The night is darker when we close our eyes

Summary

A possible recession in the US economy has led to a change in the language and direction of the monetary policy of major central banks around the world. The signals emitted by the global economy produced a risk scenario that was reflected in the purchase of safe-haven assets.

Key points

• Key points:
• The American economy is expected to slow down, with the average analysts betting on the growth of 2.3% in 2019 and 1.8% in 2020.
• The investment in the yield curve generated by the massive purchase of US treasuries anticipates a weaker economy in the future.
• If the United States doesn't go into recession, perhaps the global cycle will also be more moderate than analysts discount today.

Geographies

Topics

Tags