Posts in Global Outlook
Can the Euro Be Saved?

It has been seven years since the EU was hit with its version of the global financial crisis. Even though Europe’s economy is growing again after two recessions, the eurozone’s GDP volume has not fully recovered yet and many of the original crisis symptoms persist. While the UK referendum to leave the EU surprised many people, Britain’s economy has been performing better than many European countries. As the UK is not part of the currency union, it is stronger economically than many of its EU counterparts. 

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European Industrial Outlook: Recovery Picking Up Speed

Domestic demand has emerged as the decisive driver of economic activity in the EU. Even as the euro weakened over the course of the year, feeble demand in emerging markets put a brake on European exports. Manufacturing activity is growing at a slower pace than that of services; however, key business confidence indices point toward a much faster pace of industrial production growth that should end 2016 about 2% higher.

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Global Outlook: Elusive Search for Equilibrium

Six years past the bottom of the Great Recession, it feels to many as if the aura of crisis still haunts the global economic landscape. Even in the U.S., where economic activity has been stronger and more stable than in most parts of the world, things are still shaky and frustrations are growing over the historically slow pace of growth. World economic gains are expected to remain sluggish through the end of 2016.

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