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1.Market Observations, 8.Was Sticky

17 Jan 2017 (AFR) – Political shocks cause tremors at Davos -Xi Jinping looks to fill Donald Trump’s shoes

(17 Janaury 2017, AFR, p9, by Noah Barkin)

‘The global economy is in better shape than it’s been in years. Stock markets are booming, oil prices are on the rise again and the risks of a rapid economic slowdown in China, a major source of concern a year ago, have eased. And yet, as political leaders, chief executives and top bankers make their annual trek up the Swiss Alps to the World Economic Forum in Davos, the mood is anything but celebratory. Beneath the veneer of optimism over the economic outlook lurks acute anxiety about an increasingly toxic political climate and a deep sense of…’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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