The bull that keeps on running

It is the health of the largest economies of the world that has been driving optimism among investors. The Trump administration has been generating controversy, but not when it comes to economic issues – the US economy is doing very well, as is reflected by the increases on the American stock exchanges (historic peaks for the S&P500 index and good Q4 2016 figures), on the real estate market and in consumer spending. This has been accompanied by growing inflation, making an increase in interest rates across the pond more and more likely. However, the picture has been positive so far, as has also been the case for the euro zone. The top economic performer among the euroland countries, Germany, has been joined by two other large economies, the French and the Italian. The economic forecasts for euroland are and probably will improve over the year (growth of almost 2 pt is predicted for the year. Economists also point out that there is no worrying news coming out of China. The str