Taking together all of the countries, one would have a view of the global economy. Understanding the global economy and the shifts among countries, businesses can better allocate capital to the areas of the world that are growing. The U.S. currently is the largest economy in the world, now followed by China. Shifts among countries in their global economic ranking are the result of many criteria, including population growth and fiscal and monetary policies. Knowing which part of the world is growing economically and which part is shrinking is extremely important for businesses.
With the recent break of oil back below $50.00 a barrel, the commodity supercycle driven by the superlative rise of the emerging markets looks like it’s dissipated…and we could be facing an economic crisis.The Thomson Reuters/CoreCommodity CRB Index fell to a 52-week and six-year low, adding to the reality that demand for. Read More
Gold prices could plunge below $1,000 an ounce. At least, that’s the latest gold price forecast from Goldman Sachs commodity research headJeffrey Currie.“The risks are clearly skewed to the downside in this environment,” he told Bloomberg in a telephone interview on Tuesday. “There is a probability that the market trades. Read More
No matter where you look, major economic hubs in the global economy are struggling to show growth.According to the German finance ministry, Germany’s economy grew at only 0.3% in the second quarter of this year after growing a similar amount in the first quarter. (Source: Reuters, July 19, 2015.) Germany is the fourth biggest economy. Read More
The global economy is headed towards an economic slowdown and it will take U.S. stock prices down with it.The growth rates of major economies are anemic. China is growing at its slowest pace in two decades, putting pressure on Australia’s economy. Japan has been going in and out of recession for years now. The crisis in Greece has strained. Read More