Global Liquidity Latest, December 2015

The November 2015 GLI™ (Global Liquidity Index) fell back to a reading of 44.5 (‘normal’ range 0-100) from a revised up 47.6 index for end-October. The GLI™ has been consistently below the neutral 50-index level since December 2014. GLI™ readings of between 40-50 indicate ‘tight liquidity’ and sluggish growth, but values below 30 are typically associated with economic recessions and bear markets in risk assets. The Global Liquidity picture is not supportive for risk assets and warns investors to remain wary