11/03/18

The Global Economy's Wile E. Coyote Moment



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The Global Economy's Wile E. Coyote Moment
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Authored by Lakshamn Achuthan and Anirvan Banerji via Bloomberg.com,

Our prediction last year of a global growth downturn was based on our 20-Country Long Leading Index, which, in 2016, foresaw the synchronized global growth upturn that the consensus only started to recognize .....

He realizes too late that he's in midair, and plunges into the chasm below. That's the crux of the problem for international economies and markets in danger of being blindsided by the cyclical downturn in global growth.


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