“Duh! Where da’ grouth, in dis here economie!!”
Say da’ brain-dead EMM * on the financial Roo’s stream of useless and empty commentary in the columns
on today’s Yahoo!!
Can they spell
KONDRATIEFF?
US Growth Isn’t Accelerating as Analysts Expected
By Russ Koesterich, CFA of BlackRock 18
hours ago
“.. Russ
explains why today’s economic environment, characterized by monetary stimulus
meant to combat slower-than-expected economic growth, is helping many of the
large, global financial firms.
“There is more evidence from the world’s
largest economies that global economic growth is not accelerating as expected.
“In the United States, March retail
sales, industrial production and housing figures all disappointed, and the
persistent softness in U.S. economic data means the United States will struggle
to hit the 3% annual growth rate that investors had expected at the beginning
of the year. Meanwhile, first quarter growth in China decelerated to 7%, the
slowest pace in six years. …”
Or you can learn why there is no ‘grouth’, and read our free Blogs over the last 4 years, or subscribe to our services.
* EMM = EcnoMystical Mystic (Go to the bottom of our home page for full list of our handy-dandy acronyms
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