Get Ready for a Global Growth Slowdown

03 Economy, Commercial Intelligence, Key Players
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A good tour of the world economy by my my friend Marshall Auerback

Get Ready for a Global Growth Slowdown

Tuesday, 05/3/2011 – 1:31 pm by Marshall Auerback | 9 Comments

marshall-auerback-100Governments across the globe are headed for a disaster entirely of their own making.

Though capital markets remain strong, the global economic backdrop continues to deteriorate as fiscal retrenchment takes hold. Commodity markets have rallied in tandem with the fall in the dollar even though there are signs that growth in the emerging world is slowing. Japan’s economy is in the soup, the U.S. economy has failed to pick up as many thought (with a mere 2% growth rate expected to be released for Q1 shortly), and the European economy is overdue for its own slowdown. The U.S. stock market has also rallied despite the threat of a very high gasoline price, disappointing economic growth data, and a fairly mixed earnings picture.

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