Signs Of Global Growth Slump Linger, But Stocks Couldn’t Be Happier
Late last month in “Pondering A Slow Growth World: Have We Entered A New Era?” we questioned whether perhaps policymakers are effectively pushing on a string. That is, is it possible that something short-circuited post-crisis and, as WTO chief economist Robert Koopman put it last year, “that the timing belt on the global growth engine…