Saturday, March 16, 2013

DailyMarkets.com - Signs Of Global Healing

DailyMarkets.com - Signs Of Global Healing


Signs Of Global Healing

Posted: 14 Mar 2013 12:47 AM PDT

In addition to the upside surprise shown by US February retail sales yesterday, I am seeing additional signs of global economic healing. South Korean exports, which are highly cyclically sensitive, are turning up (via Business Insider):

As well, the OECD reported on Monday that it was seeing signs of emerging growth in the eurozone, with (surprise!) Germany as the engine:

Economic growth was beginning to re-emerge in the 17-nation euro currency area, the Organization for Economic … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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