How U.S. Investors Should Navigate the Global Growth Slowdown

As the world approaches the midway point of a transformative decade, the World Bank’s Global Economic Prospects report reveals the slowest half-decade of GDP growth in 30 years by the end of 2024. Despite a reduced risk of global recession, geopolitical tensions pose near-term threats, and the medium-term outlook dims for many developing economies due to slowed growth, sluggish global trade and tight financial conditions. Global trade growth in 2024 is anticipated to be half the pre-pandemic decade average ...