Author: NN Investment Partners
Global economic data remain strong, providing a constructive backdrop for financial markets. Political risks looming ahead could put a damper on investors’ positive spirits.
The installation of a new US government and the run-up to important electoral contests in Europe are creating a lot of political uncertainty. Economic data, meanwhile, continue to brighten and are showing broad-based strength. The global economy looks to be at its strongest since 2007 and growth momentum is at its highest in three years.