Developers flex their muscles

The global economy is growing faster and faster, which can be seen both in the US as well as in the Eurozone. Economists across the pond are seeing a revival in investment, consumer spending and employment – and everybody has forgotten about the tax reforms promised by Donald Trump (which had been fuelling the rises in the American stock exchange for many long weeks). Consumer sentiment has also been rising and it is American shoppers who are deciding what the global economy is going to be like. The economy is about to be spoilt by the unusually tragic hurricane season around the Bay of Mexico. In Europe, mature economies such as Germany and France are driving the GDP growth which is continuing despite the relatively strong euro (German GDP is largely based on exports). The industrial growth may be a harbinger of a revival in investment and consumer sentiment in the eurozone, having reached its pre-crisis levels from before 2008. Everything is happening in an environment of mon