The release of second quarter (Q2) 2011 GDP data and revisions to the GDP series going back several years have had a significant impact on the US economic outlook. Taken in tandem with higher-frequency data that suggest waning economic activity, BMI has revised down its US real GDP growth forecasts to 1.7% in 2011 (from… [Read more]
In Business Monitor Online today, my colleagues note that the Emerging Asia growth boom is beginning to show signs of succumbing to the stresses of high oil prices, higher interest rates, stronger currencies, and the supply chain disruptions brought about by the Japanese earthquake. While growth remains positive on the whole, the pace of expansion… [Read more]
China is foremost on my mind. Regular readers of our online service will know that my colleagues and I at Business Monitor International (BMI) are well below consensus in predicting only 7.5% real GDP growth in 2011. Below, I list some thoughts on this subject: Growth slowdown: The notion of a ‘hard landing’ for China’s… [Read more]
The technicals and fundamentals are starting to align for a major correction in global markets. Terry Alexander, Head of Global Research at Business Monitor, joins Mark Schaltuper to discuss some of the key views on the markets.
As 2008 comes to a close, the much-hyped BRIC (Brazil, Russia, India, China) economies are looking increasingly troubled. The only question is: which will fare best? (In the 2009-10 timeframe, not by 2050.) Perhaps ‘best’ is the wrong term. Chances are, for example, that China and India will grow faster than Brazil, but not without… [Read more]
