Tuesday, April 23, 2019

Global Growth



From the excellent twitter feed of Charlie Bilello comes this graph of global growth rates.  Remember last fall much of the investment class was convinced that world growth was going to slow down to the point that a global recession was possible.  Looks like much of the world didn't get the memo.  Even if these numbers turn out to be optimistic on a going forward basis there's almost nothing here indicative of an immenent recession.