Around this time of year, many people in the financial industry are making forecasts about the year ahead. We thought we’d take a look at some of these predictions, ideas and alarms, combined with our own two cents worth, and give you a GPS economic roadmap for 2015.
The first big question: Will the world experience another global recession? Believe it or not, it is possible — maybe more so than you might think.
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But persistent low oil prices can signal weak demand, says Sharma, and that could be a bad sign for everyone, perhaps a leading indicator of that next global recession.
So be careful what you wish for, we suppose.
