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Global economy mired in a cycle of sluggish growth

News Snapshot:

It is difficult to remember a time when economies, financial markets, politics and societies were subject to significant volatility and uncertainty simultaneously, let alone to the degree they are today.The global economy is entrenched in a cycle of sluggish economic growth, with rates in many countries, particularly the major developed economies, stalling well below 3%, the level needed to double per capita incomes in a generation. While the emerging AI super-cycle could help offset this trend — in the United States, annual investment appears set to approach 4% of GDP by 2032 — the technology raises serious, even existential, risks….

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