A global slowdown in economic growth, together with political and economic upheaval in places like Greece, the Middle East and Ukraine, could hurt U.S. growth going forward, the International Monetary Fund said on Tuesday.
In its detailed yearly analysis of the U.S. economy, the IMF also reiterated that the Federal Reserve should delay its rate hike until the first half of 2016, until there are signs of a pickup in wages and inflation.
IMF staff said weaker global growth, including in China, would sap U.S. exports and investment in certain sectors, and also push down equity market valuations.
My post is for my entertainment, do your own DD before pushing your buy/sell buttons
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