"From the United States to Asia to Europe, a global economy that many had feared was faltering appears poised for a resurgence on the strength of cheap oil and falling interest rates. That's the strikingly upbeat view of economists surveyed by The Associated Press, who no longer see Europe's financial crisis, the U.S. housing market or congressional gridlock as the threats they appeared to be last year."
"The AP surveyed nearly three dozen corporate, Wall Street and academic economists from Feb. 19 to 25."
This Just In:
ZH: Mar. 4, 2015: Poland initiates 21st 'surprise' global interest rate cut (due to robust global economy)
In a recovery, aren't we supposed to be raising interest rates?
Here's what that looks like in the U.S.:
1 Year Treasury Yields going back 15 years:
1 Year Treasury Yields going back 15 years:
Global Wreckovery Visualized
Baltic Dry (Shipping) Index All Time Low:
All Commodities aka. "Tax Cut" for jobless consumers:
Canadian Dollar:
Housing Wreckovery Visualized
Lumber:
I foresee a lot of bankrupt Econo-dunces on the other side of Wreckovery.
