Investors are also sure that they can exit their positions if they want, which has been crucial in driving other investors into the market. 34  Outlook and Policy Thrust for 2019 43. Global growth projections both for 2018 and 2019 have been revised downward to 3.7 percent from the  3.9  percent  earlier  projected.
Growth  momentum in US is projected to remain strong as fiscal stimulus continues into 2019. In emerging markets, growth forecasts are revised downward for Argentina, Brazil, Iran, Turkey, and South Africa reflecting country-specific factors, uncertainties in the financial conditions, and rising geopolitical tensions as well as higher oil import bills. 44.