DB: Global Growth Momentum Hits A Six-Year High But Beware

Rupert Hargreaves

Published onFebruary 1, 2017

Updated on May 14, 2021

Investors should rejoice as global growth momentum has just hit a six-year high according to Deutsche Bank’s analysis.

Table of Contents

Morgan Stanley: 2017 Will Be A Year Of Growth

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 the December level of 53.7, another six-year high. These figures are consistent with 2017 global GDP growth of 3.5%.

The sudden...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article

Already a member? Log in here

Rupert Hargreaves

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 Hedge Fund Alpha

DB: Global Growth Momentum Hits A Six-Year High But Beware

Login required to continue reading.

Get Your Business News