M&G's Isaacs: Economic Cycle Still Has Further to Run

Ten years on from the global financial crisis, some fear an economic downturn is imminent, but M&G's Stefan Isaacs sees no imminent risk of a recession

David Brenchley 21 September, 2018 | 2:49PM
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US Federal Reserve, US economy, economic growth, recession, debt, corporate debt, bond market

There’s no reason why the near-record-breaking economic cycle won’t continue to run well into the future, according M&G’s Stefan Isaacs.

The current expansion is now the second-longest since the end of World War Two. However, 2017’s synchronicity of global growth has made way for a year-to-date that has been driven by one region: the United States.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Aviva Investors Strategic Bd 2 GBP Inc110.82 GBP0.16Rating
M&G European Corporate Bond GBP I Acc1,393.55 GBP-0.27Rating
M&G Global High Yield Bond GBP I Acc1,556.39 GBP0.03Rating

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk