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Pay heed to weaker developed market growth
Weekly investor research
11 March 2019
The weaker economic prospects in developed economies were on display last week; we explain why investors need to pay
heed. South Africa’s current account balance improved. China announced a 2% of GDP tax cut. Mexican inflation declined.
The US government decided to tax Americans who consume Indian goods. Results are in from the first of several provincial
elections in Argentina. Turkey entered recession. Loss of power in Venezuela, literally. The global backdrop section of the
Weekly discusses yet another important upcoming vote on Brexit in the UK parliament, marginal improvements in
European data and the widening US trade deficit.