Entries by Drew Millard

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August 2018

In August, we maintained our outlook to reflect the impact of the escalating global trade wars.  We are currently factoring in a six-month period of Stagnation followed by six months of Inflation. While the baseline forecast for the global economy continues for 2018 and 2019, the potential for disappointment remains. Tariffs generate what economists call […]

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July 2018

In July, we updated our outlook to reflect the impact of the escalating global trade wars. We are now factoring in a six-month period of Stagnation followed by six months of Inflation. While the baseline forecast for the global economy continues for 2018 and 2019, the potential for disappointments has increased. The WTO issued a […]