The company has a significant surplus capacity, which can gain traction from the China-plus-one theme and a gradual global recovery. This should help in operating leverage over the years
JPMorgan is hardly the only bull in town. UBS takes investors to task for underestimating “the runway for above-trend economic growth”
While many wealthy nations are poised to grow in a big way this year, others could struggle
IMF First Deputy Managing Director Geoffrey Okamoto said that in early April the Fund would update its January forecast for global growth of 5.5% to reflect additional fiscal stimulus spending in the United States, but gave no details.
Global growth was poised for a modest rebound to 3.3 per cent this year, up from 2.9 per cent last year, International Monetary Fund chief Kristalina Georgieva said after a two-day meeting of G20 finance ministers and central bank governors in Riyadh.
The banking sector will shortly take the lead in the domestic market rally, as it is one of the pillars for a stable GDP, says Sanjay Sinha of Citrus Advisors.
The US employment situation report is expected to show another healthy rise in employment in December, with non-farm payrolls up by 193,000, slightly less than the 203,000 recorded in November. The unemployment rate is expected to remain unchanged, at 7.0 percent.
Goldman Sachs recommends betting on Chinese exporters. It stresses on gaining exposure to the mainland sector since it is set to benefit from a turnaround in the global economy.
With a whiff of global recovery in the air and central bank liquidity abundant, investors in 2013 are packing their bags for China, fellow 'BRICs' Brazil and Russia, long-dormant Japan and even some Mediterranean sun.
The global recovery is still 'very fragile' despite signs of financial stabilization in the euro zone and stronger growth in the United States, the head of the International Monetary Fund said.
World finance leaders on Saturday chastised the United States for not doing enough to shrink its massive budget deficit and warned that fiscal strains in rich nations threaten the global recovery.
Steve Forbes of Forbes in an exclusive interview to CNBC, spoke on a host of issues from tackling the high inflation rate globally, to its impact on currency and whether we were going to see another round of currency wars. He also elaborated on the state of the global recovery.
Jim Turley, Chairman and CEO of E&Y, told CNBC-TV18’s Menaka Doshi on the sidelines of the World Economic Forum at Davos that he sees India and the Middle East having their demographies work to their advantage.
South Korea unveiled steps on Tuesday to combat the threat of rising food prices, joining a flurry of activity as policymakers grow increasingly worried that inflation could derail a global recovery.
Asian factory output powered ahead in December to underline emerging markets' lead in the global recovery although data showed an increasing inflation threat in the region even as growth is tepid in developed economies.