(Harvest) As analyzed in a Strategy Special , there are sources of risk, which have the potential to result in a slowdown of global growth and possibly a recession towards the end of this year or early 2018. A key driver is the reemergence of global deflationary pressure due to a potential downturn in China, a spillover of lower growth and inflation to the rest of the world, and the negative impact of likely protectionist policies in the US on growth.
China Discontinues Reporting of Key Housing Indicator, Risk of a Downturn
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