This interim update of the imfs latest regular reports on the world economic outlook published in october 1998 and international capital markets september 1998 provides a preliminary assessment of the unusual turbulence in international financial markets during much of the period august november 1998 and its implications for the global economic outlook and for policy. This interim update of the imfs latest regular reports on the world economic outlook published in october 1998 and international capital markets september 1998 provides a preliminary assessment of the unusual turbulence in international financial markets during much of the period august november 1998 and its implications for the global economic outlook and for policy. World economic outlook and international capital markets international monetary fund amazoncomau books. This interim update of the imfs latest regular reports on the world economic outlook published in october 1998 and international capital markets september 1998 provides a preliminary assessment of the unusual turbulence in international financial markets during much of the period august november 1998 and its implications for the global . The post vaccine recovery outlook should also help non us markets outperform the us the sp 500 is overweight the tech and healthcare stocks that dominate the growth factor while the rest of the world has more of the financial and cyclical stocks that make up the value factor investors are likely to favor the relatively cheaper value and