Unwinding trade with China will result in price increases and significant political backlash.
With higher interest rates, the idea that any economic problem can be solved with more government borrowing has become untenable.
The EU's economic outlook could still take a turn for the better despite weakness in Germany.
There is little reason to believe that the current rally can last.
China could be facing a “lost decade,” while Europe and the United States confront their own economic challenges.
Recent developments in China, Europe and the United States suggest that the world economy's biggest challenges may lie ahead.
Geopolitical tensions and elevated interest rates could lead to another tumultuous year for the world economy.
Contrary to many analysts' expectations, emerging markets have not spiraled into a debt crisis.
The long-standing economic consensus that interest rates would remain low indefinitely is no longer tenable.
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