Deepening SA recession emulates 1985

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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% […]

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China: Rising to the occasion?

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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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