Global Economics Monthly Review
August 7, 2016
- Global business surveys point to a slight improvement in economic activity in the beginning of the third quarter, but overall growth has remained subdued.
- Equity market volatility (VIX) is currently close to all-time low levels; however, materialization of the existing global economic risks may cause an increase in volatility in the short-run.
- The heightened degree of financial risk in China remains a major concern to the global economy.
- Further expansionary economic policies are needed.
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