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Vanguard Research
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Vanguard Research News & Resources
Global Supply Chain Pricing Could Face New Pressures in 2019
January 3, 2019
The risk of an escalation in trade conflicts remains elevated, and one major risk in the coming year is the sharp drop-off in world trade growth, which fell from a pace of above 5% at the beginning of 2018 to nearly zero at the end, if such an escalation were to occur, a contraction in world trade could slow the world economy even more.
Vanguard Economic Market Outlook 2019: Down but Not Out
January 2, 2019
As the global economy enters its tenth year of expansion following the global financial crisis, concerns are growing that a recession may be imminent, and although several factors will raise the risk of recession in 2019, a slowdown in growth - led by the United States and China - with periodic “growth scares” is the most likely outcome.