Global Growth in 2019

We're going to jump from discussing Ireland and St. Patrick's day to talking some this week and next about the global economy with a highlight on Asia.  In that regard, here's a fascinating chart from the website Visualcapitalist.com showing which economies are adding the most to global growth in 2019.  It's pretty easy to see that China and Asia are accounting for the lion's share of that growth.  To me the most important point in this graphic is that the US and EU accounted for more than half of the global economy in 1980 and today they are at 31%.   Makes one wonder how those percentages might change over a similar period going forward?  I doubt that trend is going to reverse particularly in the case of Europe.  

This to me is just another reason why investors need to have some of their assets invested abroad and need some focus on Asia within that part of their portfolio.  Asia is where the growth is now and likely will be in the future.  Hard to say if that is correct tomorrow or even six months down the road, but it is hard not to look at the trends and believe that time isn't on Asia's side.  I know their stock markets have not performed as well as the US over the past decade but longer-term probability suggests that has a higher likelihood of changing, particularly if these growth trends continue.  We're going to highlight some other global trends that we believe will also show Asian growth as well.

Link:  "The Economies Adding the Most to Global Growth in 2019."

*Long ETFs related to international and Asian markets in both client and personal accounts.  Please note that positions can change at any time without notice.