Both IP (industrial production) and the PMIs (both the "official" and HSBC's) are strengthening again. Plus retail sales are holding up and inflation is low. Plan to redirect growth away from exports and investment towards domestic consumption continuing, so although trend growth will be lower (7% ish instead of 10%), a "hard landing" is unlikely.
But key relevance is that the US, Europe, UK, Japan and China are all picking up.
Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. But I can't by law give you advice, and I do make mistakes. Remember: the unexpected sometimes happens. Oddly enough, the expected does too, but all too often it takes longer than you thought it would, or on the other hand happens more quickly than you expected. The Goddess of Markets punishes (eventually) greed, folly, laziness and arrogance. No matter how many years you've served Her. Take care. Be humble. And don't blame me.
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