Bloomberg Professional Confidence Index Global Economy

This index comprises responses from users globally about the outlook of the economy. A value above 50 denotes a positive sentiment about the global economy.

As central bankers withdraw their stimulus around the world, confidence in the outlook of the global economy has fallen in many countries. With the rising unemployment around the world, this will take out a large chunk of the consumer spending required to spur the economy back to growth. Hence, many believe that the current growth could just be a two quarters kind of event.