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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.

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