IMF cuts its forecasts for 2012 AND 2013 economic growth, most dramatically for Europe’s economies
Today the International Monetary Fund took an axe to its forecasts for global economic growth. The biggest change in today’s world economic outlook, the IMF’s first update since April, is that the International Monetary Fund now expects the no growth in the EuroZone of 2012 to lead to slower growth in 2013.
Cummins admits that it isn’t immune to the global economic slowdown–wait to buy one of my favorite long-term stocks
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...The world’s central banks run out of credit with financial markets
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Alcoa kicks off earnings season and the message is–The global economy is weak, just as expected, but with surprising pockets of strength
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...The Great Recession is changing our behavior–in ways that point to slower growth for a longer period
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Stocks bounce on global growth optimism from the International Monetary Fund
Today’s bounce is being attributed to a hike in global economic forecasts by the International Monetary Fund. The IMF raised its forecast for U.S. GDP growth for 2012 to 2.1% from 1.8%. The projections for global growth went to 3.5% for 2012 from 3.3%
Good news (domestic growth is up) and bad news (Vale misses earnings estimates again) from Brazil
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...The IMF says it wants to raise an additional $600 billion to $1 trillion–yeah, and I’d like to fly to the moon on gossamer wings
Today the euro is up on news that the International Monetary Fund will look to expand its lending capacity by something in the neighborhood of $600 billion to $1 trillion. As of 1:30 p.m. New York Time the euro was up about 1% against the U.S. dollar. I think I see the logic here—although I admit it’s a bit of a stretch
Could Germany, too, be at the edge of recession?
In the fourth quarter German GDP shrank by 0.25% in rough early estimates, the Federal Statistics Office announced today. With some economists forecasting that the economy will shrink in the first quarter of 2012 that puts Germany close to the two negative quarters of economic growth that defines a recession.
I say Alcoa’s earnings report means nothing for the rest of stocks, but will the market agree tomorrow?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...The pessimism for 2012 keeps on rising
When the International Monetary Fund issues its updated forecast for global growth around January 24 or 25, investors should expect a “fairly substantial” cut to its projections, Olivier Blanchard, the IMF’s chief economist told Bloomberg on Friday
