What a time to be alive!
It looks like this recovery might actually be it! We might actually be Returning to the good times of high growth, low unemployment, low inflation.
At least that’s the idea we get as more and more banks and economists revise upward their predictions for next year. Goldman Sachs and Barclays turn out to be the most bullish in predicting growth for next year – a whopping 4%.
That would be the most since 2011, when the developing world really got kicking. And if you think about it – a series of perfect events have occurred that could support this claim.
Look at the map – there really isn’t a place left in the doldrums. Europe’s finally escaped it’s many problems the past 10 years and seems to be on a good 2+ percent growth.
The US keeps treading strong and continues to justify the Fed’s rate hikes. China ain’t slowing down. Japan seems to be following suit.
Hell, even Russia appears to have shaken off the oil glut. By the looks of it the only depressed place on Earth is Venezuela. Well, OK – North Korea as well, but that’s a cliche.
All this means that now’s the time to Invest, invest, invest!