The global economy is gathering steam. With one or two notable exceptions (the UK and, to a lesser extent, Japan), both the developed world and the developing world are enjoying above-trend growth – in some cases, a long way above trend. And the upswing has legs: in the US and the EA it is likely to run for another year or two at least, and in China perhaps for a bit longer. Other emerging economies will follow suit. Fathom’s global...