ECONOMIC OUTLOOK : Focus on the signal and ignore the noise
After six years of intense depression, it seems that a weaker euro, lower oil prices and cheap financing costs are doing the trick – the largest economy in the world, Europe, is finally on the mend. It did not come at zero cost for companies and households, but we should rejoice of finally seeing the light at the end of the tunnel. In the meantime, the world has changed dramatically. Asia got organized, and the U.S. has managed to show its resilience to strong headwinds. Discover in this document the detail of the key macroeconomic indicators by geography.