(Bloomberg) -- The last firework had barely flamed out and the fizz in champagne had just gone flat when the harsh reality of what 2016 might look like set in. Chinese stock markets plunged on the first trading day of the year, and the rest of the globe followed suit. Is this it — the beginning of the next global downturn?

While George Soros might think so, economists in our survey see that kind of pessimism as premature.

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