False contractions?

Talk of a global slowdown is overdone … while some areas have slipped, others are booming.

PORTFOLIO POINT: The economic signals suggest that talk of a global meltdown is exaggerated. The global economy has not lost much momentum, and some key regions are growing strongly.

When you sit back and read through a newspaper, most of the headlines and analysis on the economy is very much about a slowing in global growth.


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