| ‘Global real GDP growth will continue to slow over the next year but improve somewhat in 2027’ | ‘The possibility of China and the US decoupling has increased with rising restrictions and uncertainty’ | ‘The global economy is undergoing a period of profound transformation, marked by persistent short-term disruption and heightened uncertainty’ |
We aren’t in the habit of making predictions, but here are some thoughts from reputable banks and organisations for consideration
‘Global real GDP growth will continue to slow over the next year but improve somewhat in 2027… For many economies around the world, the negative shock to growth associated with US tariffs is beginning to manifest. Surges in exports to the US, resulting from front-loaded demand and inventory stockpiling among US businesses ahead of tariff implementation, resulted in strong growth rates in H1 2025 for many economies. We expect weaker numbers in Q4 2025 and early 2026 as the full weight of tariffs takes its toll’ – The Conference Board
‘Global growth will likely remain steady but subdued with advanced economies growing modestly and emerging markets mostly maintaining stronger momentum. On trade, the possibility of China and the US decoupling has increased with rising restrictions and uncertainty, but other global economies could strengthen their relationships. Outlooks vary widely across G-20 economies’ – Moody’s
‘The global economy is undergoing a period of profound transformation, marked by persistent short-term disruption and heightened uncertainty as well as long-term structural change. Regional outlooks are divergent: the US faces subdued prospects and inflationary pressures; Europe shows fragile but improving growth; China confronts deflationary headwinds; and emerging regions such as Sub-Saharan Africa and the Middle East and North Africa project stronger momentum’ – World Economic Forum
Today’s world is unpredictable. Whatever happens in the markets, we can help you take control with a long-term financial strategy, so you can face the future with confidence.
Here’s to a happy, healthy and prosperous 2026!
The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated. It is important to take professional advice before making any decision relating to your personal finances. This document does not provide individual tailored investment advice and is for guidance only.
All details are believed to be correct at time of writing – 05 December 2025.