The world sailed into 2018 on the winds of confidence, with markets surging and growth abounding. It crash-landed at the close. The Dow Jones ended down for the first time since the financial crisis, and lost ground for only the second time in a decade.
Will the new year bring new resolve? Or new fear?
A little of both, most likely, but they think there’s still hope for some good times ahead.
RBC Economics used the recent market volatility to step back and look at some of the bigger trends that may shape 2019 and beyond. Their report, Navigating 2019, offers hope for a continued expansion, although they still harbour concerns over trade and investment.
For more on what RBC Economics expects for the year ahead, read the RBC Economic Outlook 2019 report.