Credit Suisse: The Global Economy Is Coming Off The Boil

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Rupert Hargreaves
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Global Economy Gig Economy

Global Economy The economic euphoria that powered global equity markets to new highs during the first quarter is evaporating according to a new research note from Swiss bank Credit Suisse published on Tuesday. According to the research report, global “growth has moved from boiling to merely simmering” as temporary strength partly driven by a rebound in mining and energy activity from the severe slump in late 2014 to early 2016 evaporates.   Specifically, the report notes: “Evidence is mounting that growth has slowed. We estimate that global industrial production momentum (3m/3m annualized growth rate) has fallen from a 5% January…

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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