Fitch says political risk looms large for global sovereigns in 2017

US rating agency Fitch out with their latest global review 29 Nov
– overall outlook is stable
– expects 2017 global GDP growth of 2.9% vs 2.5% in 2016
– trade war between US/China would have adverse consequences for GDP growth and inflation in both countries
A mixed outlook but erring on the side of caution understandably in these fragile times.