ECONOMICS IN 2006
World economic growth should be reasonable in 2006. China, India, Russia, and Brazil will continue to grow at a rapid rate and continue to push the global economy. Every year Cassandra’s call for a melt down in China, and every year they are wrong. Where is the evidence? China recently revised up its GDP growth for the first nine months of 2005 to about 11%. This is strong by any measure.
The U.S. economy should grow at a moderate rate despite the end of the U.S. dollar rally. Europe and Japan on the other hand, should . . .
Continue Reading: 2006 FORECAST ISSUE
