Mark Eden @InvestusMaximus: "Morning all. ** U.S. growth forecast..."

United Kingdom

Morning all. ** U.S. growth forecast cut sharply by OECD as Trump tariffs sour global outlook Not an unexpected headline to read given Trump's recent behaviour on tariffs, but I want to somewhat ignore this and focus on the positive aspects of this forecast. 1. The cut is growth remains growth, the OECD do not see a recession from the tariff uncertainty. 2. On a global scale growth for 2026 of +2.9% is relatively healthy and has only been cut 0.1%. And again, +2.9% is a long way from a global recession, which is probably the worst threat we could have to consider if trade wars really were to become serious and more widespread. 3. This is the forecast with them trying to account for the tariff mess. A raft of deals and more clarity could see forecasts revised upwards later this year. There are definitely stresses on markets right now that could continue to test investor sentiment and I'm not suggesting a rally is pending, but looking out over the next 18 months I continue see reasons to remain on course with the portfolio and not to be swayed by short-term volatility. Thanks for your time. www.cnbc.com/2025/06/03/us-growth-forecast-cut-further-by-oecd-as-trump-tariffs-sour-outlook.html $SPX500 (SPX500 Index (Non Expiry)) $NSDQ100 (NASDAQ100 Index (Non Expiry)) $CHINA50 (ChinaA50 Index (Non Expiry)) $EUSTX50 (EUSTX50 Index (Non Expiry))

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