The markets in the US and Europe not moving up in a straight line should not be a surprise to the people who understand such things. I believe the trend for the indexes is firmly upwards, barring any major problems such as war or acts of nature.
China is likely to have a soft landing, as confirmed by the Chinese Economists and Dr. Zoellick of the World Bank.
As to India, the story there seems positive, with growth picking up, and likely to be annual figure of 6.9 percent growth, which is really not the full figure, considering the enormous growth potential of the Sub-continent.
East Africa seems to be in a strong growth phase, servicing countries such as Rwanda, Congo and thereabouts. But oil price needs to be much more affordable. There is likely to be increased demand for aircraft as well as cars, especially MPVs and Jeeps, as road and rail infrastructure are still to be fully developed - wherein lies additional potential.
The world is always in a growth phase, but the key macro-drivers of Oil price and Central Bank Interest Rate for each region need to be tweaked so they favour the consumers and create demand, which creates more jobs, better income for people, and growing prosperity.
If Oil production can be supplemented 25 percent by Saudi Arabia, perhaps the price could also be more affordable, especially for the developing countries? I pray they will listen to my plea.