The International Monetary Fund (IMF) published their economic outlook today, and the main conclusion is that the global upswing that began in mid-2016 has become broader and stronger. From the linked report:
World growth strengthened in 2017 to 3.8 percent, with a notable rebound in global trade. It was driven by an investment recovery in advanced economies, continued strong growth in emerging Asia, a notable upswing in emerging Europe, and signs of recovery in several commodity exporters. Global growth is expected to tick up to 3.9 percent this year and next, supported by strong momentum, favorable market sentiment, accommodative financial conditions, and the domestic and international repercussions of expansionary fiscal policy in the United States. The partial recovery in commodity prices should allow conditions in commodity exporters to gradually improve.
Related Posts
UK Gilt Auction Fails
Crossvault Conversations: Commercial Real Estate Executive, Seymour Dreyfus Gives Insights and Looks to the Future of Commercial Real Estate
China PMI is Over 50- Market Garden – A Remembrance During Time of War
A follow up to my post on the Brexit from June 24
The Ruble is Collapsing – courtesy of BusinessInsider
