Ungated Post | 10 Jan 2017
Top ten calls for 2017 — Trumpenomics leads the way

Top ten calls for 2017 — Trumpenomics leads the way
Our top ten calls for 2017 are, not surprisingly, dominated by the impact of Donald Trump’s surprise election victory in November. The full effect of reflationary policies under the new Trump administration is unlikely to be seen in the real economy until 2018 with world GDP growth and trade growth remaining moderate next year. Nevertheless, we do expect US growth to firm in 2017 and US financial market developments – to some extent anticipating the likely fiscal policy and growth effects of Trump’s policies – will have a major impact on the global economic landscape.
Our top ten calls also include the euro dropping to parity with the dollar for the first time since 2002, UK and Eurozone growth surprising on the upside, stronger wage growth in advanced economies, a mixed picture in emerging markets, tighter capital controls in China keeping the renminbi stable and equities to beat bonds for the second straight year.
![]() |
Read the full analysis. |
Tags:
You may be interested in

Post
Australia’s CAPEX falters in Q1, with cost inflation to test activity
Private new capital expenditure fell 0.3% q/q in Q1 2022, led lower by a fall in buildings and structures investment. The weak result is in part due to the impact of Omicron on labour availability, and the postponement of construction activity in flood affected areas. Machinery & equipment volumes rose in the quarter.
Find Out More
Post
LandAid’s 10K Challenge
Yesterday, members of Oxford Economics joined LandAid’s 10k run in Regents Park London to raise awareness and funds for young people experiencing homelessness.
Find Out More
Post
Anchors away – RBA change course and raise rates
The RBA has opted to raise the cash rate target to 0.35%. For some time, the RBA identified faster wage growth as its trigger for raising rates. Official data sources have provided no new information on this front over the past month. But the board has put their faith in information from the RBA business liaison program that wage growth is picking up.
Find Out More