ITAÚ: The Tri Polar World 2.0 – A New Global Growth Model

The global economy remains listless: buffeted by weak oil, falling prices, lack of demand, the absence of fiscal stimulus and a near-total dependency on monetary policy. Roughly 25% of Europe’s sovereign bonds offer negative yields, the US remains stuck on a 2% growth path, China is slowing rapidly while Japan seeks to bolster a weak recovery.

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