In his latest weekly note, Goldman Sachs Asset Management chief Jim O'Neill presents more evidence that the economy is getting better. Since I last wrote a Viewpoint, we have seen considerable evidence of improving cyclical economic fortunes all over the world, especially the most up-to-date useful indicators. These include:1. China’s “flash” January PMI at 51.52. The Euro Area “flash” PMI at 48.2, up from 47.2. I await the final one, as the flash implies somefurther improvement in the periphery.3. A further nice bounce in the German IFO to 104.2 with both ... Read More