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The global economy is sending out warning signals

The IMF is right to worry about problems ahead

By George Magnus  

International Monetary Fund Managing Director Christine Lagarde. Photo: Du Yu/Xinhua News Agency/PA Images

Stock markets don’t always correlate well with what’s going on in the economy, but a largely lacklustre showing this year may well be sending out warning pulses. For the economic and financial community, which had already been speculating that the next recession might be due in 2020, the IMF meeting in Bali last week was a bit of a cold shower. A decade after the financial crisis, the abiding sense from the IMF is that there…

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