DB: Global Growth Momentum Hits A Six-Year High But BewareRupert Hargreaves
Investors should rejoice as global growth momentum has just hit a six-year high according to Deutsche Bank’s analysis.
According to a report published by the bank at the end of last week, Deutsche’s indicator of global macro surprises rose to 45 during mid-January, the highest level since May 2010. According to the analysis by Deutsche’s economists, this multi-year high implies a further rise in global manufacturing PMI new orders from . . .
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