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LGT PB: Global macroeconomy to bottom out

LGT Private Banking expects the global macroeconomy to recover from a low base going into 2020 as leading economic indicators are showing positive signals. “While the industrial sectors (with their tradable output) remain mired in a contraction in many cases, the downward momentum has stopped deteriorating and is bottoming out,” the bank said. “In addition, some surveys in the US…

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