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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?

In Singapore, the statistics show that the median gross monthly income from work for full-time workers, excluding employer Central Provident Fund contributions, inched up to S$3,500 in June 2016 from S$3,467 a year ago.

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....