My Say: Is economic optimism really all that bad for markets? - News Summed Up

My Say: Is economic optimism really all that bad for markets?


"In the coming months, we should see the global economy regain vigour as consumers and businesses release their pent-up demand. Recent economic data support our bullish viewIndeed, the economic data we have seen in just the last few days has been overwhelmingly positive. Purchasing Managers’ Index surveys give us a good finger-on-the-pulse feel for where the global economy is currently. Fourth, what if a sharp recovery in the global economy boosts commodity prices? The bottom line: strong economic revival, more financial market turbulenceIn the coming months, we should see the global economy regain vigour as consumers and businesses release their pent-up demand.


Source: The Edge Markets March 11, 2021 04:14 UTC



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