World economy on the recovery?

THE English poet Percy Bysshe Shelley, I well recall, once asked: If winter comes, can spring be far behind?

For the best part of the last ten years, the global economy has yet to see its real spring. At last in early 2017, we see some green-shoots sprouting more visibly in the United States and Europe, and even in the emerging market economies (EMEs) including Russia and Brazil, already marred by recession in 2015-2016. It was also a time of high political drama, plunging Washington DC into a Nixon-style crisis. Yet, the US Vix “fear” index of volatility for US stocks sank below 10 (lowest since 1993; up to 20 is regarded as normal), signalling calm in both the economy and markets.

Get 30% off with our ads free Premium Plan

Monthly Plan


Annual Plan


Billed as RM103.60/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Lin See Yan , issues


Next In Business News

Macy’s mulls closing San Francisco flagship amid plans to shutter 150 stores
BP activist investor sees signs of oil-strategy shift
New investing app makes its local debut
MISC 4Q profit dips on lower offshore contribution
P.A. Resources records highest ever quarterly gain
Beginning of a major bull market highly likely
TNB sees the light in 2024
Heineken expects improved sentiment
Lapasar raises RM31mil from blue-chip investors
Nur-ul Afida appointed as Bernama’s new CEO

Others Also Read