Afternoon Note
I got the world on a strong
Sittin on a rainbow
Got that strong around my finger…
It’s not good news for the US economy, but it could be great news for large multinational US corporations. The International Monetary Fund released their ‘World Economic Outlook’ this morning, which can be summed up as America and advanced economies just plodding along, as the rest of the world begins to gallop.
WEO Macro |
2016 |
2017 |
2018 |
Advanced Economies |
1.7% |
2.0% |
1.9% |
Emerging/Developing Economies |
4.3% |
4.6% |
4.8% |
Global |
3.2% |
3.5% |
3.6% |
WEO Micro |
2016 |
2017 |
2018 |
United States |
1.6% |
2.1% |
2.1% |
China |
6.7% |
6.7% |
6.4% |
India |
7.1% |
|
|
United Kingdom |
1.8% |
1.9% |
1.7% |
Mexico |
2.3% |
1.9% |
2.0% |
As the dollar continues to drift lower, and the rest of the world picks up the economic pace, it will be a net plus for the stock market but not for Main Street.
There are ways to help both sides of this equation.
Tweet |
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5/1/2024 9:40 AM | MAY DAY, MAY DAY, MAY DAY |
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4/30/2024 9:48 AM | CHIPS TAKE THE LEAD |
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4/29/2024 9:50 AM | DIE BY THE SWORD, PROSPER BY THE SWORD |
4/26/2024 1:46 PM | Full Steam |
4/26/2024 9:39 AM | BIG TECH STEPS UP |
4/25/2024 1:16 PM | Don't' Bury me, Yet! |
4/25/2024 9:27 AM | THERE CAN ONLY BE ONE |
4/24/2024 1:30 PM | Earnings Flood In |
4/24/2024 9:26 AM | BUYING THE DIP |
4/23/2024 1:25 PM | Bloom Off Rose |
4/23/2024 9:32 AM | WHAT HAPPENED TO THE BRAVADO? |
4/22/2024 1:22 PM | Pins and Needles |
4/22/2024 9:30 AM | LIVE BY THE SWORD … |
4/19/2024 1:20 PM | Fair Chunk of Rotation |
4/19/2024 9:35 AM | DON’T OVERREACT |
4/18/2024 1:37 PM | Didn’t Break Down |
4/18/2024 9:40 AM | MARKET OFF SCRIPT |
4/17/2024 1:59 PM | Facing Pressure |
4/17/2024 9:37 AM | POWELL STILL WANTS TO HELP |
4/16/2024 1:35 PM | Muted |
4/16/2024 9:42 AM | FEAR ARRIVES |
4/15/2024 1:17 PM | Making a Statement |
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