Global Growth: A Modest Pickup
Citi analysts expect a pickup in global real GDP growth from 2.5% in 2016 to 2.7% in 2017, as fiscal policy turns increasingly expansionary in the developed markets. Indeed, fiscal policy in the developed markets became expansionary in 2016 for the first time since 2010. Following the US election, a fiscal stimulus, involving personal income and corporate income tax cuts and an increase in infrastructure spending, is highly likely, even if its exact size, nature and timing remain uncertain.
Citi analysts believe that most of the stimulus is likely to materialise in 2018 and that the fiscal impulse would roughly amount to 1.5% of GDP in 2018-2020 in the US.
The forecasted rise in global growth in 2017 is also partly driven by a pickup in emerging markets(EM) growth. EM is expected to grow 4.3% in 2017, up from 3.8% in 2016. This is largely due to fading recessions in a small number of large EM economies such as Argentina, Brazil, Nigeria and Russia. Stabilisation in Chinese growth and steady commodity prices also support an end to the multi-year EM slowdown.
- Citi analysts expect a pickup in global real GDP growth to 2.7% in 2017
- Higher Inflation and bond yields are likely to accompany stronger global growth
- Stronger growth is likely to boost company earnings and create opportunities in selected regional equity markets and sectors
Citi Outlook 2017: Reflation, Rotation & Risks
Last year’s UK referendum and US presidential election were surprising and in fact, little short of unforgettable. The results now behind us, what lies on the investment horizon for 2017?
On 2 February in London, our specialists will present Citi’s Outlook for the year ahead. We’ll also be hearing from key fund house partners, who’ll discuss the risks and prospects that lie in store for your investments.
Please register for the event via your Relationship Manager. If you are interested in becoming a Citigold client and would like to register your interest for the event, please call 0207 500 1992 (9AM – 5PM Mon-Fri).
< Return to the previous page
Watch our Invest Seminar highlights
Our invest seminars give you exclusive insight into current investment trends, providing you with the opportunity to learn from our in-house experts and specialist fund managers from market leading asset managers. These interactive sessions allow you to engage in lively discussion and debate with industry leaders in a fun and informal atmosphere.
Take a look at our highlights video:
Be our guest at a Citigold Investor Event
You’ve now signed up for this event.Return to previous page
Start your Citigold relationship
Citigold is available if you maintain a minimum average monthly balance of £150,000 (or currency equivalent) across all your Citi UK accounts, including investments.
Already with Citi? Contact your relationship manager or send a secure message via Citi Online
We offer a diverse range of banking and investment services, including for those who want access to offshore investments
Just moved to the UK?
We can save you time money and hassle. If you are a foreign national in the UK, Citi's International Banking Service can help you manage your money, home and away.