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1.Market Observations, 8.Was Sticky

24 Apr 2017 (AFR) – Global growth back on track despite political upheaval

(24 April 2017, AFR, p19, by Shawn Donnan, Gemma Tetlow and Sam Fleming)

‘Brexit and Donald Trump were supposed to bring doom, gloom and trade wars to the global economy, if not famine and populism-fuelled pestilence. But time heals many a prediction. And so instead this weekend’s spring meetings of the world’s finance chiefs in Washington have been brimming with an optimism worthy of the season. “Spring is in the air and spring is in the economy as well,” said Christine Lagarde, managing director of the International Monetary Fund, as she opened the meetings on Thursday.’

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