A new investment year begins – strong global economic growth supports the markets
5 January 2018
Globally, economic growth is currently strong, with GDP growing in practically all of the OECD countries and even accelerating in many. The new investment year is supported by exceptionally broad-based and strong economic growth around the world. This has of course already been factored into the money markets and 2017 was the strongest upward year since 2009, with the MSCI World All Country index rising +19.8%. Interest rates remained relatively low due to moderate inflation and the resulting stimulating central bank monetary policy.