Ok, I'm gonna hedge my bets here.
Ambrose Evans Pritchard, in the UK Telegraph, says - Leading indicators and monetary data in the US, Europe and China point to an accelerating rebound over coming months.
Either that, or someone has hacked his account.
Or maybe he took some happy pills or something.
I jest.
AEP is one of my favourites for a clear view on the global, and elements of the global, economy. I very rarely share his conclusions, but do appreciate his views.
Here's what he is saying:
- With hindsight it is clear that the world economy came within a whisker of recession earlier this year.
- This episode is now behind us.
- Leading indicators and monetary data in the US, Europe and China point to an accelerating rebound over coming months
