
A bit of news this morning for those who follow financial news:
IMF WORLD ECONOMIC OUTLOOK (WEO) OFFICIALLY CONFIRMS CUT IN 2012 GLOBAL GDP OUTLOOK TO 3.3% FROM 4.0% PRIOR - Cuts China 2012 GDP view to 8.2% from 9.0%
One way to look at this news, the deterioration of world economy, could give Economies like the United States a boost as investors will flow money to the "better" among the bad. However, this does not mean the stock market will go up further. Economy and stock market are not always in sync. That's another subject altogether.
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