Global Leading Indicator

“November Final GLI – momentum flat from October’s revised reading of 0.43%mom – level of growth at solid levels – supports our positive outlook for global growth – although phase of high acceleration might be behind us at least for now. (i) The November reading signals stable global activity growth and locates the global industrial cycle on the border between the ‘Expansion’ and the ‘Slowdown’ phase, and does not confirm the sizeable deceleration visible in the earlier November Advanced GLI. (ii) After a strong signal of improvement in global data throughout the summer the GLI has continued to signal solid activity growth, albeit with no clear evidence of further acceleration.” (Goldman Sachs)

GLI

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s