Here at Classiarius we were invested in the view that the global economy was slowing, putting forth our views back in October and November of 2018. The sell-off in December was shockingly fast and much deeper than many had thought. However a series of changes with the Federal Reserve, the US employment market going from strength to strength, while China showed improved economic releases changed the mood dramatically in March and April.
(have a look at Classiarius, Video Section, and see the Free Speech, New World Disorder and one of many on China and Japan. These videos are state-of-the-art in production and do all of our research in house. We read and sometimes speak to geopolitical strategists)
Now many analysts are saying that the global economy has not fallen apart, but is seeing a soft landing and in some areas showing improvement. The US economy was expected to slow to 2.3% but recent forecasts have suggested that the 2.7% GDP number is more in line with reality in 2019. Keep in mind that that US job market, since January of 2017, has averaged, measured in payrolls, 197,000 jobs created per month, a robust and consistent market. Some analysts had viewed the US economy slowing to 1.0% for Q1 and Q2 but now they are calling for the 2.3 to 2.7 percent range.
There was speculation that China would fade to under 6.0% in GDP but the recently reported 6.4% was a surprise and is expected to hold, at least for now. Global growth seems to be back on track.