GDP is the most popular general measure of economic output. It started its contraction in the first quarter of the year, rapidly accelerated its fall in the second quarter, and came roaring back in the third quarter. We don't have official fourth quarter results as of this writing, but it is likely to be another positive quarter.
In the most recent quarter, global stock markets continued to reverse the valuation compression which occurred in the first quarter.
Topics: Global Economics, Market Drivers, developed markets, emerging markets, resiliency, equities, Market Resiliency, Economics