IMF better placed to avert next financial crisis, as shares rally on Trump trade peace hope

The IMF is in a better place to spot "financial vulnerabilities" that led to the global baking crisis over 10 years ago by monitoring businesses, and markets, and the spending by households and governments around the world, the fund has said.

In a blog post, Monitoring Global Financial Stability, the IMF said that it can now model emerging risks against countries' economic output. It comes as global stock and bond markets signal that the US-China trade wars could lead to a dramatic slowdown in the world econpomy or even recessions in the US and Germany.