The world economy continues to accelerate with global growth lifting from an already strong 5.9% to 6.1% today. Led again by the US with president Biden’s infrastructure programme making progress, but also by strong numbers out of Europe as tourism begins to reopen at last.
Central banks have also been successful as they manage to regain credibility and bring back their interest rate forecast to 2023 for the first rate rises.
Join Guy Monson in this week’s six minute strategy as he asks:
- What does the interest rate forecast mean for bond yields?
- Where are we in the great growth value debate?
- Why do we remain positive on risk assets?