Is The Global Economy Slowing Down?

  • 6 years ago

Reuters reports that stocks around the globe fell on Friday after data from China and Europe ignited concerns of a global economic slowdown. The sharp decline caused many investors to be concerned over the wider impact of a still-unresolved Sino-U.S. trade dispute. When asked about the economic impact, Michael Hewson, chief markets analyst at CMC Markets in London said; "You look at China data, you look at the flash PMIs out of France and Germany and they’ve really sort of reinforced concerns that the global economy is slowing down".