SUPL - 7 Reasons To Be Optimistic About The Global Economy
2024-01-31 10:30:00 ET
Summary
- The core Personal Consumption Expenditures price index fell to its lowest level since March 2021.
- Euro area business optimism about the coming year improved for a fourth consecutive month in January.
- Last week brought several announcements from regulators that offer reasons for optimism for the Chinese economy and Chinese equities.
The start of 2024 has been bleak. Two wars rage on, with disturbing casualties including the deaths of many civilians. Commercial ships in the Red Sea have been attacked by Houthi rebels, leading to US and UK strikes against Houthi targets and reports of missiles being launched at US military vessels.
Three US service members were just tragically killed in an attack on a US outpost in Jordan, increasing the probability that more countries will become directly involved in the Israel-Hamas War....
7 Reasons To Be Optimistic About The Global Economy