Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The economy has been growing slowly but steadily this cycle. In fact, we are in one of the longest recovery cycles in history. However, there are some concerns lurking ahead that could detour future growth. According to Mario O. Moreno, senior economist at Drewry, his biggest concerns for the economy are shifts in monetary policy from the Federal Reserve and a potential trade war. Moreno spoke at the Pulse of the Ports conference, predicting 2.8% economic growth this year; however, during the closing roundtable discussion he revealed that these two events that are giving him pause.

“There are certainly some risks,” Moreno said in the roundtable. “Two come to mind: monetary policy and a trade war. First, The Federal Reserve could either tighten monetary policy a little too much or it could be a little too late, in which case inflation could get out of control. A trade war could delay US economic expansion. If the United States either deliberately or not enters into a trade war with Canada, Mexico, China or the European Union, we could certainly see damaging consequences for the US economy.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

More from this author

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.