Deutsche Bank: Global Growth Outlook Has Deteriorated Significantly

| |

"And Brexit only adds to downside risks."

The global growth outlook for 2016 and 2017 has deteriorated since the start of the year, and Brexit only adds to downside risks, that’s Deutsche Bank’s observation of the global macro environment. Bridgewater Via JPM: Global capex as % of GDP remains elevated [CHART] In the bank’s monthly ‘The House View’ research document, which is aptly…