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DewDiligence

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DewDiligence

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Re: DewDiligence post# 11814

Wednesday, 09/28/2016 9:33:14 AM

Wednesday, September 28, 2016 9:33:14 AM

Post# of 29342
WTO cuts 2016&2017 global-GDP-growth forecasts to 1.7% and 1.8%, respectively (down from 2.8% and 3.6% six months ago):

http://www.wsj.com/articles/world-trade-seen-growing-at-weakest-pace-since-financial-crises-1474965904

The WTO said the cut in its forecast was a response to weak trade growth in China, Brazil and North America during the first six months of the year. According to its figures, trade in goods fell 1.1% in the first three months of 2016, and while there was a rebound in the three months to June, it was “smaller than anticipated” at just 0.3%.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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