Vanguard's global outlook for 2020: Muted Global Growth but Canada is a Bright Spot

23 December 2019 | Markets and economy


Read the full paper to learn what we expect from global markets in 2020 and beyond.

VEMO Highlights

  • In Canada, we predict stronger growth (1.6%) than in most other developed economies.
  • Ex Canada, growth expected to fall or remain below trend in all markets except U.K. and Mexico due to effects of unpredictable policy.
  • Trade tensions dragging down demand and supply, inflation still below targets, looser monetary policy not stimulating the economy as hoped.
  • Investors cautioned about potential volatility from 1) lack of clarity on trade and 2) slowing economic growth in the U.S.

 Download whitepaper.