PMIs show world econ picking up

This is the GDP-weighted average for the PMIs ("purchasing manager indices") for Europe, the US and Japan. The latest observation is based on preliminary not final data. (Markit no longer releases prelim figures for China.) This the first real synchronised pick-up in major world economies/regions since the euro crisis.  For the first time since then we're seeing a recovery in Europe as well as a pick up in the US and Japan.  And this acceleration is before the surge which will come from the Trump spending and tax cuts.