Tuesday, June 2, 2015

Pre Financial Crisis Trend: Global GDP Growth has Recovered and Struggle to Keep Pace

Pre financial crisis era is start again as global GDP take a slower pace of growth, Although global growth has recovered, it's still sluggish relative to the pre-financial crisis trend.

HSBC's James Promeroy, "Forecasters are only now beginning to feel less optimistic about 2015 growth prospects — with the exception of the eurozone

Europe's financial growth been doing well thanks in part to exports and domestic consumption. how about Asia's growth, although China's slowed down, it's still "well above" G7 growth rates. Along with India, it's been the main driving force behind Asia's GDP growth rates.

Going to Brazil finance crisis in Latin America "struggles to keep pace." Brazil pulled LatAm down even further, as the country didn't grow at all in 2014.

How about USD safe haven currency country, for the US, GDP growth turned negative in Q1, but annual consumption growth is "robust, around 3%," residential investment as bounced back, and the "drag from government spending has receded." A little step to be better growth of financial era

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