SUBSCRIBERS

The numbers show it, I don't feel it

While sentiment among investors and analysts has picked up, anecdotal sentiment among ordinary people still seems weak. Why the disconnect?

Published Sun, Jun 25, 2017 · 09:50 PM

THE numbers, it must be said, are looking good.

The US economy has been growing at over 2 per cent, Europe was actually growing faster than the US in the first quarter, and Asia is growing at around 5 per cent. Sentiment for manufacturers, based on various surveys, is buoyant all-round.

No wonder analysts have taken to calling 2017 the year of the synchronised global recovery. Reflation is a buzzword. Interest rates might finally go up.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes