The collapse of the commodity super-cycle that started in 2011 has stabilized. China, the pivotal consumer of commodities in the last three decades, has been transiting into a lower but more sustainable level of growth at the 6-7% range in real GDP. This has led to steadily firming levels of commodity prices. In the US, it is becoming evident that President Trump has inherited a very strong economy well on its way to full employment. The earlier than expected normalization of interest rates will further facilitate stronger business investment. Intro Examples can be a solid and sophisticated way to attract and connect with your target audience. Even in Europe the growth outlook is improving. In spite of political uncertainty around the upcoming elections in France and Germany (the recent election in the Netherlands resulted in a centrist victory, thus blocking the ascent of the far right there), and continuing worries over the Greek debt crisis, real GDP growth in Europe is expected to improve.
