Taking the pulse of the global economy: Corporate confidence, Brexit and taking ESG seriously

Top-down macro research

Each year, we survey our global analyst team in an attempt to take the pulse of the global economy.

Unlike many other top-down macro-economic surveys, our research starts at the bottom, aggregating thousands of individual company observations until a big picture emerges.  This year, optimism among company executives has reached a new high. Our global sentiment indicator, an aggregate measure of corporate confidence through the eyes of our analysts, has risen to the highest level in five years.  It is now well into 'warming' territory, where more analysts are positive than negative about expected conditions for the next 12 months (see chart below).  Europe: Growing optimism Euro...