We are in the most dangerous period in the business cycle

The European Commission said Wednesday that its Business Climate Indicator rose in November to hit its strongest since June 2007. The outlook for both production and export orders improved, indicating the economy is benefiting from the upswing in global demand.

-Bloomberg News
Why would I be writing about ‘danger’ when we are experiencing the first synchronized global economic upturn in over 8 years?

It’s the business cycle.

The last time I was this bullish on the global economy, it wa...

As this site is now reader-supported via Patreon, the remainder of this article is only available to subscribers at a specific patronage level. Articles at patronage levels BRONZE, SILVER, and GOLD are denoted by the categories in blue capital letters above the post. Posts categorized DAILY are available to both SILVER and GOLD patrons.

Click here to join. Your readership is greatly appreciated!

Registered users can log in by entering details here or below.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More