Today’s second commentary
The data on the global economy continue to improve. The US expansion has continued, Europe is exiting recession and China’s growth his defying expectations of a slowdown. All of this portends well for 2014. Part one of the data and analysis follows below.
I am making this commentary today because there has been so much data out on the global economy that I believe I need to add a few words to supplement what I wrote about the US economy earlier today. In the end, the data should add to your optimism that we are fully ensconced in a cyclical recovery that will continue through 2014, not necessarily without problems. I intend to take this on a country-by-country basis and sum up at the end tommorrow.
I wrote a fairly comprehensive post on the US ea...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.