1 Global Economy
No Peloton in the Tour de Global Economy escb
•••••••,
•
•• •
•• •
2015: +2.2% •
••••••
2015: +0.8% • 2015: +4.2%
2016: +2.4% • 2016: +1.2% II 2016: +4.5%
• • • • • • •
• • • • 0 •
,Stuck in neutral. • • • • • • •
Leader of the pack. Looking for a way to '?• Mixed cycle. Not a
breakout. )>Spinning its wheels. well "oiled" team.
p After six plus years r I
of recovery and Unemployment ), Today's economy is Brazil/Russia struggle
expansion. U.S. above U.S. Widest same size as it was with commodity
enters late stage of margin since in 1995, 2001, 2003 headwind as China &
business cycle. Eurozone created. and 2008. India downshifting.
es Emerging market growth estimate is for broad EM not just the ERIC country flags that ere pictured
2L, IS
Source'. Deutsche Bank Wealth EA men?.
Deutsche Bank
Wcralth 2
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