Global economic progress is apparently faltering, and noted fund managers are warning against having “too much equity market exposure.”
Soaring Treasuries Suggesting US Recovery is Not Sustainable
The US and Global Economies Showing Better Results
Into the end of April, the US economy was clawing its way toward self-propagating growth, but clearly recent growth has not been strong enough.
The Outlook for the Global Economy Not Impressive
Going into the end of April, the economic outlook for the Chinese economy is “unchanged”, the outlook for the US is only minimally improved, and the outlook for the Euro zone is better than most expectations.
World Economy Factoring a Return to Recession?
The list of positive global data flows expanded last week with improvements in UK Unemployment, China Retail Sales, and US February and March Industrial Production figures.
Pessimistic Views On Global Recovery Pace
Into the early April high in equities, global economic sentiment was hopeful of a quick return to a progressive recovery pace.
Slow and Gradual Recovery In the World Economy
While the US economy is improving, the improvement probably isn’t definitive enough to satisfy US equities, which have recently carved out fresh new all-time highs.
Emerging Market Fears and Anxiety Toward China and Ukraine
Geopolitical headwinds and sub-par spring weather continues to hold back the US recovery. Periodic angst from credit concerns in China, speculation that Putin wants more “living space” and lingering deflationary concerns in Europe have also left sentiment bruised all the way into the end of the first quarter!
Slowdown in China's Economy Reason For Punishing Slide in Commodity Prices
While the Jury remains out on the situation in China, it is our opinion that most commodity markets have become too bearish toward near-term demand prospects and the global economy.
Slowdown in China’s Economy Reason For Punishing Slide in Commodity Prices
While the Jury remains out on the situation in China, it is our opinion that most commodity markets have become too bearish toward near-term demand prospects and the global economy.