Rebound and Reflation… Gavyn Davies, FT

December 6, 2016 by Jim Colburn Leave a Comment

Davies uses world GDP nowcasts to show a sharp increase in world economic activity:

“… there has been a marked rebound in global activity, and in recent weeks this has become surprisingly strong, at least by the modest standards seen hitherto in the post-shock economic recovery. According to the latest nowcasts, the growth rate in global activity is now estimated to be 4.4 per cent, compared to a low point of 2.2 per cent reached in March.”

https://www.ft.com/content/3e17856d-c3c2-3838-bc3c-d8a773d8d991

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