Deloitte Monday Briefing (On Tuesday): Three Things That Keep The IMF Awake At Night

* I received a text from my mother a week ago saying that that week's Monday Briefing – which talked of the sweet spot of the economic cycle and a Goldilocks recovery – was sounding overly euphoric.

* It is a fair point (and not just because of the source). In economics, euphoria tends to precede a fall.

* Talking to clients and colleagues last week I was reminded that not everyone feels as upbeat as the respondents to the latest CBI Industrial Trends Survey which puts UK business optimism at the highest level since 1973.

* There certainly is good economic news out there, most recently illustrated by Friday's strong US jobs numbers. But, as the International Monetary Fund's Chief Economist, Olivier Blanchard noted last week, the acute risks facing the global economy have decreased, not disappeared.