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Recession unlikely to happen in 2020, says BMO

News Team, 26/10/2018

Despite recent market corrections, the world economy is in good shape with a US recession unlikely to happen in 2019 or 2020 as many have predicted, accordin to analysis from BMO Global Asset Management. 

The 2018 Global Investment Forum report stated that although a slowdown in US growth is inevitable given the hectic pace at which the economy has expanded this year, the rise of intangibles, assets such as goodwill, brand recognition and intellectu...

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