All things considered, concerns about the global economy's prospects appear overblown. While growth has weakened and become more divergent around the world, it remains above potential in many developed economies, and emerging markets still appear in the early stages of recovery with room to run.
IN THIS ISSUE:
The Fed has clearly signaled a pause in rate hikes.
The jump in hiring is being attributed to the massive corporate tax cut.
Helping to keep price pressures low is the slump in oil prices.
The eurozone has had a significant decrease in the pace of economic growth.
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