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Booming World Economy Is Facing Constraints

January 9th, 2018 · No Comments

  • The world economy is booming, which is good for corporate earnings.
  • Equity valuations should be able to handle a modicum of higher interest rates.
  • But capacity constraints and labor shortages start emerging, the adjustment could be more brutal.
  • It is especially important where this happens first, as this will impinge on currency and bond markets, as we’ll explain.

Source: Booming World Economy Is Facing Constraints | Seeking Alpha

Tags: Economy