IMF chief economist says it's getting harder to find bright spots in the global economy

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'As the year is progressing, it's getting harder to find those bright spots,' Gita Gopinath says.

"As the year is progressing, it's getting harder to find those bright spots," Gita Gopinath Tells CNBC's Steve Liesman.

"The developments that we're seeing as recently as today give us great concern about what's going to happen to growth going forward," Gopinath said. "As the year is progressing, it's getting harder to find those bright spots," Gita Gopinath told CNBC's Steve Liesman. "There was the potential of recovery, and we're still expecting that for many parts of the world … but I've got to admit it's getting harder to see that."

 

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At least here in Canada, with great fiscal responsibility in the last 4 years, we are prepared for this. ☹️

mymackie If only something could have been done to keep it from happening. TrumpSlump

Then the world should stand with realDonaldTrump

So, you mean it's not the Dems making it up after all

I wonder if they hear the same thing in Australia where they haven’t had a recession in 25 years.

Fame21Moore Time for a new world currency to reset all debts XRP

Gita Gopinath? Sounds like a left liberal coming out of a corrupt institute JNU or likes. These kinds have contributed a lot to keep India impoverished for long.

The 1998 Asian Financial crisis was limited in scope because at the time the American economy was robust, the Dollar was stable and America was the buyer of last resort. Taiwan and Asean countries benefit from manufacturers scrambling to relocate from China to serve US markets.

Money no longer makes money in Germany. The negative interest rate/wealth tax sucks the G right out of DP. Those who would vote for ewarren take note.

TonyVal76476318 Awww really they just starting to notice now? Awww thats a shame because its way to fucking late.

Old pinions are a dime a dozen, and oft-times worth even less... Case in point

As a first step - shut down Donny's Twitter account

Why does CNBC retweet every comment and opinion that opines that the economy is slowing but plays down every opinion that the economy is solid

i dont care about global anything,. just america ...

With Trump it's hard to find any bright spots.

The “duh” comment of the day

But GoldmanSachs says 3100 then 3400. Low earnings no problem. Raise PE multiple. Global risks rising no problem. Interest rates and debt equals good. GS hire me as part of your strategist team for outside of the box perspective.

Just give a look at Bitcoin. That sensational feeling when you discover Bitcoin, priceless!

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