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rcial and industrial loans have been positive for 19 consecutive quarters. ISM Index Oct-07 Sep-11 Footnotes: Data as of December 2015. Source: Bloomberg Finance LP, Deutsche Bank Wealth Management. Aug-15 Vehicle sales are at the highest level (-18 million annual rate) since 2005. Footnotes: Data as of Novem
2.5% 0.8% 6.8% 2015 1.4% 0.1% 0.2% 0.7% 1.5% 2015 -2.8% EFTA01477420 3.0% -3.7% 2.0% 2.0% 2015 -2.5% -2.2% -4.5% -6.5% -2.4% Currentl 0.25% 0.05% 0.50% 0.10% 2016 Currencies 3.4% 2.4% 1.6% 2.2% 1.2% 6.0% 2016 1.6% 1.2% 1.8% 0.8% 1.2% USA (S&P 500) 2016 -3.0% 3.
rch 25, 2016. Source: FactSet, Deutsche Bank Wealth Management. Deutsche Bank Wealth Management Footnotes: Data is as of March 18, 2016. Source: Bloomberg Finance LP, Deutsche Bank Wealth Management. 20 Jan-15 Jan-16 EFTA01477978 bbls/day. However, supply is still too high and will According to the Departme
3% -6.0% -2.4% Key Interest Rates Ct USA (Fed funds) Euroland (Refi rate) UK (Repo rate) Japan (Mmkt rate) t t l 0.25% 0.00% 0.50% 0.00% Currentl -2.9% -1.9% -2.5% EFTA01477980 -5.2% -2.5% 12 Mo Forecast (Mar 2017) 0.75-1.00% 0.00% 0.50% 0.00% Footnotes: Macro estimates are accord
rch 25, 2016. Source: FactSet, Deutsche Bank Wealth Management. Deutsche Bank Wealth Management Footnotes: Data is as of March 18, 2016. Source: Bloomberg Finance LP, Deutsche Bank Wealth Management. 20 Jan-15 Jan-16 EFTA01478048 bbls/day. However, supply is still too high and will According to the Departme
3% -6.0% -2.4% Key Interest Rates Ct USA (Fed funds) Euroland (Refi rate) UK (Repo rate) Japan (Mmkt rate) t t l 0.25% 0.00% 0.50% 0.00% Currentl -2.9% -1.9% -2.5% EFTA01478050 -5.2% -2.5% 12 Mo Forecast (Mar 2017) 0.75-1.00% 0.00% 0.50% 0.00% Footnotes: Macro estimates are accord
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Bloomberg L.P.
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Paul Morris
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