Tyndall: The global economic tour

Tyndall: The global economic tour

Over recent months, confidence in the global economy has improved markedly on the back of some seemingly more positive economic data from the production side and, in particular, from the various widely watched industrial surveys, such as the influential German Ifo Index.  This improvement in business confidence, coupled with what appears to have been a marked revival in credit growth within the financial markets, has certainly helped asset prices to recover some - or in some cases all - of their lost ground from 2011.