McKinsey on Changes in Economic Outlook

McKinsey have a neat summary of changes in economic outlook across major global regions:

 

A more granular perspective is from consensus forecasts, as summarized by the Focus Economics and by other sources:

 

 

The above are from my presentation deck from earlier today for a Dublin-based conference.

The key to all of the above is that we are still in a very complex, highly uncertain forecasting environment, and behavioural differences between professional forecasters, economic analysts and business practitioners are vast, reflecting on overall forecasts and outlook sentiments reported.