EFTA Document EFTA01362019

4 September 2015 US Fixed Income Weekly Excess liquidity indicator vs. output: OECD !Excess 30% 40% -Global excess iipuldity yin +1 m lead OECD 20% -OECD output momentum / 30% 10% 0% -10% -20% -30% -1 -20% 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 soya arocentregrepanne elagt liquidity indicator vs. output: China -China excess liquidity yoy +12m lead -China output momentum China 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 Soiree tibesibeig end Dant** Pint The mo