Replies to post #7960 on The Rising Influence of Rising Affluence

[biotech_researcher]

It was announced that China's PMI dropped below 50 today, and their stock market continues to fall, approaching a secular low. There seems to be a real disconnect between these leading market indicators for China, and that expected 7.5% China GDP growth.

[DewDiligence]

Macroeconomics from Barron’s:

http://online.barrons.com/articles/new-government-plans-will-boost-global-growth-1418407189

Budget plans for the world’s major economies in 2015 show that for the first time since 2009, fiscal policy won’t be a drag on economic growth. Without a drag from fiscal policy, monetary policy stimulus will likely be more effective—providing a boost to global economic growth in the year ahead.

…Globally, economic policy is shifting as we see an end to fiscal drag in what is still going to be a very stimulative monetary-policy environment. …the combination of these policies is likely to continue to push asset prices higher around the world in 2015.

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