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By Cees Bruggemans Deteriorating American, European and Japanese prospects suggest these economies face -3% GDP decline in 2009. The annualised decline of -6.2% in US 4Q2008 GDP wasn’t as yet the worst of this cyclical contraction. This dubious honour is now being reserved for 1Q2009. Forecasters are looking for -7% […]
This post provides an interesting chart on the historical performance of Chinese stocks. The leash of Wall Street may continue to negatively impact global stock markets for a while longer, but I will be surprised if China is not among the leaders in the next sustained rally. […] | ||||||||||||||||||
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