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I posted an update on China’s growth outlook a few days ago and said that the Chinese PMI seems to indicate that the country might have seen the worst of the growth statistics. I also referred to a report by BCA Research, stating that “a broad range of macro indicators suggest that the economy may have begun to rebound”. Interestingly, a “flash” report by the Asian team of Goldman Sachs has just been published in which they have significantly raised their real GDP growth forecasts for China for 2009 and 2010. [...] More on this topic (What's this?) Could Goldman Sachs (NYSE: GS) Earnings Slip Send Investors Bailing on Stock? (Money Morning, 4/17/12) Copper Price Forecast (Learn Mining News, 3/14/12) Seven Signs China’s Headed for a Recession (Wall Street Daily, 3/29/12)
This post is a guest contribution by Rebecca Wilder, author of the News N Economics blog, analyzing the past week’s global economic reports in order to get a feel for world economic trends. [...] More on this topic (What's this?) Two Measures of Inflation: New Update (Phil’s Stock World, 11/30/12) The U.S. Lies About Inflation: Here's The Inflation Secret The Government Doesn't Want You to Know (Money Morning, 4/13/12) Best Assets to Own During Inflation (Learn Mining News, 2/17/12) | ||||||||||||||||||
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