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Friday, 27 January 2017

Deutsche Warns Global Economy About To Roll Over, Says "Sell" | Zero Hedge

Deutsche Warns Global Economy About To Roll Over, Says "Sell" | Zero Hedge:

"When Trump unexpectedly won the election, and futures staged one of their most dramatic rebounds in history, surging from limit down to solidly in the green, Wall Street promptly goalseeked their economic assumptions "chasing the price", quickly going from bearish to bullish, and nobody did it faster or more conclusively than Deutsche Bank, which seemingly overnight flipped from one of the biggest bearers of gloom on the outlook for the US economy, to one of its biggest cheerleaders. That however changed overnight, when DB's European equity strategist Sebastian Raedler highlighted that, according to the latest flash PMIs, global growth momentum hit a six-year high in January."



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