Whitaker GetGlobal Interview: In an Uncertain World Opportunities Remain at the Subnational Level

Joel_Whitaker

Julian Leuthold, founder of GetGlobal, recently interviewed Joel Whitaker, SVP of Research for FSG, for their newly released “GetGlobal Guide.”

Here’s a sneak preview of what they discussed:

GetGlobal: You cover the entire world, covering clients wherever they may be, and that puts you in a unique position to understand what companies are facing in real time. I’m curious as to your sense of the biggest risks and opportunities heading into 2017.

Whitaker: 2016 was a year where there were a lot of big events in large, established markets that surprised people and have had a global ripple effect. If I had to identify a single risk that every global leader needs to deal with, it would be the rise of populism in the developed world. We’ve seen that with Brexit, we obviously saw it with Trump, and we could potentially see it with upcoming elections in France, where we could see a core member of the EU elect a populist leader who is not thrilled at the prospect of staying in the EU or Eurozone.

 

“If I had to identify a single risk that every global leader needs to deal with, it would be the rise of populism in the developed world.”

 

That said, from a 30,000-foot level, the global economy is still quite healthy. Some of the larger oil exporting markets struggled when the price of oil fell, but we’re seeing Brazil and Russia start to bounce back. The US is going to accelerate growth significantly from 1.6 percent last year to 2.1 percent this year. Overall, we expect the global economy to go from 2.5 percent to 2.8 percent growth in the coming year. There is a lot of opportunity if you know where to look for it and how to manage risk.

To read the full interview click here.

 

 

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