Catch up with Kyle: 7 February 2018

Growth is strong, but beware of overoptimistic sentiment

Global growth is at its strongest in a decade

After nearly a decade of weak and imbalanced global growth, the global economy is experiencing a synchronised economic recovery. Global growth is estimated to be above 5%, the strongest growth since the global financial crisis. Both GDP and earnings expectations have been revised upwards (as shown in Chart 1).