Do the US GDP figures point to a bullish outlook in the global economy?

Today’s commentary
I am not a raging bull, largely because I have concerns about the long-term sustainability of today’s policy mix in Europe and the United States and the rise in equity multiples. But it is undeniable that we are seeing a more bullish outlook for the global economy at present. Below are some thoughts about the outlook in the context of today’s upward revision in US GDP figures.
The salient point on the figures were the upward revision, the inventory builds, consumer spending,...


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