moving-towards-pragmatic-realism

Moving towards pragmatic realism

Deutsche Bank's global chief economist Norbert Walter offers his outlook on the global economy.
Deutsche BankÆs global chief economist Norbert Walter is in Asia on a roadshow. He talks to FinanceAsia about his outlook for the global and regional economies.

The global economy continues to perform well. What are the key risks to this goldilocks scenario and how long can it last

The actual risks to the good global economic scenario are the tremendous global macroeconomic imbalances. Although most Americans feel comfortable with the large current account deficit of the US, it will not be sustainable in the long run. Also the real estate market in the US does not seem to be recovering, as last week's July 23-27 investors' nervousness has clearly demonstrated. Moreover, we cannot...
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