WAVERTON – A SYNCHRONISED GLOBAL ECONOMIC UPSWING

ALL MAJOR ECONOMIES ARE GROWING FOR FIRST TIME SINCE 2007

Amid the gloom and doom that characterises a lot of commentary about our world today, we think it worth noting that the global economy, by one measure at least, is in the best shape it has been in since 2007.

The chart below is from the Organisation for Economic Cooperation and Development (OECD) and shows whether the 45 major economies tracked by the OECD are expanding or contracting.