It looks as if, nearly ten years on from the financial crisis, and after trillions of dollars in central bank stimulus, the world economy is finally starting to roar again. Earlier this month the International Monetary Fund upgraded its global economic growth forecast for 2017 by 0.1 percentage points to 3.6%, and to 3.7% for 2018, from its April and July outlook, driven by a pickup in trade, investment, and consumer confidence. [munger] Barring any major missteps, it looks as if this recovery is not going to come to an end anytime soon. Indeed, one of the major contributors to…
Capital Spending Growth: The Last Piece Of The Puzzle
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk