The World Economy At A Glance

Despite bond yields at record lows, stock markets at record highs, and a general 'faith' that we are heading towards a Keynesian utopia of escape velocity growth (despite IMF downgrades and the reality of current data), the following table of the world's PMIs is your handy cocktail-party cheat sheet for 'smart' discussion of soft-survey-based economic progress... UK, Ireland, and UAE are the fastest growers while France, Italy, and the broad Eurozone are contracting at the fastest pace.


Source: Bloomberg Briefs


and just the manufacturing indices...

Source: JPMorgan

All that green and investors demand that the world's central banks are either on the verge of more easing or talking about more easing? What are they so afraid of?


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