Gaurav Dhiman / January 16th, 2018
Income Strategy Year End Review
Continuing with the theme from our last quarterly review, global economic activity expectations in Q4/17 showed further signs of strengthening to cyclical highs among the major markets. There was evidence of even stronger synchronization across the globe, as only three of the major countries we track is in contraction (light blue bars). This broadbased pick up continues to support our conviction of global recovery over the first half of 2018.