The recovery is a reality

30.06.2014
Sparinvest’s Chief Strategist, David Bakkegaard Karsbøl, gives his views on the latest developments in the world economy in a monthly newsletter. June’s edition looks at – amongst other things – a ‘risk-on’ summer for equities,
Yellen, the interest rate oracle, El Nino and Iraq - potential boosts to inflation, negative deposit rates in Europe and mixed figures from China.

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