TAG: Economy
On Thursday's (19/01/17) newspaper review with BBC World News, OBG Editor-in-Chief Oliver Cornock spoke of the achievements and short fallings of former US president, Barack Obama and the possible changes to be expected under President Trump - who has the lowest poll ratings of any modern president entering the White House. The review also discusses the peace talks being held in Astana, Kazakhstan which brings many of the warring factions in Syria together.
Emerging markets are in for another turbulent year with the strong US dollar and US President Donald J Trump’s “America First” stance both challenging conventional wisdom in trade and macroeconomic policy.
Much to everyone’s surprise, investors have so far responded to the new reality by embracing hope over fear. Trump’s fiscal stimulus of the US economy, it is said, may well end up boosting global demand and growth.
Optimism was a word seldom used to describe emerging economies in 2016, but this looks set to change with the new year – especially in Peru. Indeed, what we might call a cautious optimism was clearly evinced in OBG’s Business Barometer: CEO Survey, conducted in Peru in the last quarter of 2016, in which more than 40 top-tier CEOs shared their sentiment with us. The results of the survey reflect a buoyant, optimistic, proactive sentiment, already a great start to the year, especially in the current international context.