Q3 2019 Economic Update

The global expansion remains caught in a tug-of-war between geopolitical drags and macroeconomic policy supports.  Although the single largest geopolitical drag thus far can be linked to trade conflicts, almost all recessions over the past fifty years have been led by a spike in oil prices.

Download PDF

top-arrow top
©2019 Foyston, Gordon & Payne Inc.
Built by Pixelcarve