Ned Davis Research
- Global central bank interest rates have tripled to its highest level since 2000.
- Yet industrial output has remained high, which is unusual for periods when rates are moving sharply higher.
- "We don't see sufficient evidence that the global economy is headed for severe recession," Ned Davis Research said.
Our Chart of the Day is from Ned Davis Research, which points to one indicator that shows the economy is still holding up well despite a tripling in interest rates.