The latest official data from the global economy is pointing to a superficially robust recovery in the wake of the first stages of economic reopening in North America and Asia Pacific. In simple language, the global economy is roaring back to health.  US Federal Reserve’s GDPNow leading growth indicator is currently pointing to third-quarter 2020 growth print of, hold your breath, 30.8 per cent on an annualised basis, or 6.9 per cent quarter-on-quarter. This would put US growth at historical levels and well above the previous high of 16.7 per cent (annualised) set in the first quarter of 1950. Which…

Join The Currency

Sign up today: Full annual membership for just €200.

Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators.

Members of The Currency get full access to over 2,000 exclusive interviews, investigations, and analysis, plus over 160 podcasts.

Annual membership is just €200 for the first year, a saving of €100.

Or try The Currency for the first month for just €5, a saving of €20.

Cancel at any time.

To become a member today click here.