The global economy has shown resilience, largely shrugging off fears of a trade war and artificial intelligence impacts that were prevalent six months ago. Despite escalating trade tensions between the US and China, real-time indicators suggest global economic activity is growing robustly, with a recent high in the JPMorgan global composite PMI. While some expect a slowdown in the fourth quarter, overall economic forecasts for the year have been revised upwards, and only one OECD country is currently in recession.