Goldman Sachs on their in-house current activity indicator (CAI) on global economic growth
Growth remains soft but the February reading on the CAI has come in just above the Dec and Jan readings:
- Some green shoots are emerging
- suggest that sequential growth will pick up from here
GS have a 3.5% global GDP 2019 forecast but add
- risk is probably to the downside
GS says they are positive on risk assets
