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File: January 2018 results

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Danger of overheating

In January 2018, there was no sign of a loss of momentum in the sentix economic indices, which we were able to detect in the beginning of December. On the contrary: all regions of the world show a stable, positive and mod-erately improved economic picture. The US economic expectations, which are stimulated by the tax reform, have improved particularly significantly. In the eurozone, too, progress is continuing. And even latecomers such as Eastern Europe and Latin America continue to improve. The upswing is thus broad and synchronous. The likeli-hood of overheating is increasing.

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