, Columnist
The Economy's So Rosy, Let's Talk About Recession
We don't know what will cause it, or when. But it's coming, and central banks are unprepared.
Although the world economy is in its eighth year of expansion, a casual observer might be forgiven for thinking things have just got going. Don't worry; they will keep going for a while, according to the International Monetary Fund, which released an update to its World Economic Outlook this week.
Thank the existing growth momentum and, yes, the often-maligned tax cuts signed into law by President Donald Trump last month.