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Blog

The global economy looking a little less scary

January 30th, 2012
The global economy looking a little less scary

The last month or so has actually seen better news regarding the global economy – European Central Bank (ECB) action appears to have reduced the risk of a banking crisis in Europe, US economic data has continued to surprise on he upside and Chinese economic data remains consistent with a soft landing.

While shares are at risk of a short-term correction and Europe remains a source of volatility, the improved global economic backdrop is a positive sign for shares and related growth trades going forward.

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It is an absolute pleasure to work with Angelo, Frank and the Brisbane team and highly recommend PFG for any financial services that our members require.

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PLUMBERS UNION QLD

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