Current financial reports for industrailized nations show these
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Stone Harbor - Current financial reports for industrailized nations show these United States lead the world with GDP growth of 2.8%. China .9, Euro.4, Germany .20, UK .10. Stock market all time high. Longest lowest unemployment rate in history, wage growth, inflation just about back to pre-pandemic levels. Inflation and interest rates are both below historical averages and when they have been lower in the past it was due to crashing economies ie. 9/11, the recession of 2008( remember) and the pandemic. Inflation and interest rates are tied to current economics. Yes, things aren't great. Could be way worse.
Print Publication Date:
11/27/2024