|
It’s an irony that better economic performance heralds thinner pickings in the financial markets. And faster global growth lies ahead. That’s why it’s time investors reduced their equity holdings, got out of most bonds and built up cash. There is a growth shock out there for all the OECD economies. I expect real GDP to grow at 3.4% next year. What’s more, inflation will be over 3% in the OECD by mid-1997, compared with just over 2% this year. This |
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
