The FT/Brookings TIGER indices do not show a rosy picture around the globe. The overall index peaked in 2010 and has moved to negative territory for advanced economies and is about to turn negative for the developed markets. While there was a slight uptick at the first of the year, the numbers still look unappealing.
The real activity indices are moving closer to zero.
The financial index has already moved negative before 2012 in spite of support from monetary authorities.
Nevertheless, confidence in emerging markets is improving relative to advanced economies
No comments:
Post a Comment