What are the stealthy positives set to fuel the recovery of world stocks? - in pictures
Traders at the New York Stock Exchange. 'Pessimism of disbelief' makes investors focused on bad news, dismissing positives during bear market lows. Reuters
The New York Federal Reserve’s Global Supply Chain Pressure Index ended 2019 at 0.01, sored to 4.3 last December, and is now at 1.0. AFP
The Baltic Dry Index of shipping costs is -76.5 per cent off October 2021’s high. AFP
S&P’s US manufacturing Purchasing Managers Index showed October input costs rose the slowest in nearly two years as supply chain hiccups unwound. Reuters
Oil prices fell -37.2 per cent since March’s high in US dollars, bringing down petrol prices. Bloomberg
Europe’s first new natural gas pipeline in decades — a Danish and Polish endeavour — began carrying Norwegian gas to central Europe in October. Getty Images