As world leaders and top business minds convene in Davos, Switzerland for the annual World Economic Forum, the outlook for the global economy remains uncertain. ‘I think it’s hard to be bullish about the world economy right now,’ said Julie Sweet, group Chief Executive-North America at Accenture, who attended this year’s forum. The International Monetary Fund cut its 2016 global growth forecast earlier this week to 3.4 percent from a previously reported 3.6 percent back in October of last year. This as a slowdown in China’s economy fans fears about global growth worries. China’s economy grew by 6.9 percent in 2015, a far cry from the 10 percent plus growth seen back in 2010. The IMF says China’s GDP will grow by 6.3 percent in 2016. China worries have contributed to a steep decline in global markets in recent weeks, with the S&P 500 and the Dow Jones Industrial Average down 8 percent and 8.5 percent respectively, since the start of the year. TheStreet’s Scott Gamm has more from New York.

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