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Extraordinary 2017 trend: "synchronized global recovery"

Illustration: Sam Jayne / Axios

For all the worldwide worries, a fascinating and rare trend is unfolding around the globe: synchronized growth.

President Trump and many other global leaders are basically boosting each other with their expanding economies and increased spending at home. It's very unusual for the world's biggest economies to grow all at once — and this phenomenon has no doubt helped boost U.S. markets.