Just the way Goldilocks would have liked it

  • Business Premium
  • Saturday, 02 Sep 2017

NOT too hot, not too cold. Our macroeconomic environment today can be described in the same way as in the children’s story where the little girl, Goldilocks, picked the porridge that was just the right temperature while the three bears were out in the forest. In most parts of the world today, we see a modest acceleration of growth and limited inflationary pressures – just the economic environment which provides a constructive backdrop for financial markets.

Geopolitical risks (Brexit, Korean peninsula, trade tensions) aside, financial markets are witnessing a period of relative calm – most market indicators of risk are at benign levels, perhaps bolstered by gradually improving economic growth data and corporate earnings.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , Aditya , Monappa , interest , rate


Next In Business News

Bitcoin extends downtrend, falls 12.1% to US$47,176 Premium
Perodua targets to deliver 30,000 units in December Premium
CPO futures likely to trade higher next week Premium
Georgieva says examining all IMF research processes to ensure integrity Premium
Oil steadies, paring gains as rising COVID cases spur demand worries Premium
Omicron-fuelled volatility deals hedge funds worst monthly return since March 2020 Premium
US-listed Chinese shares take a hit as Didi to exit NYSE Premium
Didi shares plunge more than 20% on plan to delist from NYSE Premium
Wall St ends lower on Omicron worries, Fed taper angst Premium
Micro impact of new variant? Premium

Others Also Read