Alternative Investment Posts
International Equities Q4 2021
December 22, 2021
William H. Witherell, Ph.D.
Chief Global Economist
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The global economy is ending a year of strong recovery, with real GDP growth estimated at 5.7%, following the sharp 3.5% decline in 2020. The recovery was fueled by massive emergency fiscal support by governments, together with very easy monetary policy by most central banks, keeping interest rates low. Consumers, who had accumulated a large hoard of excess savings during the pand
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