Saturday, May 31, 2014

Is 3% GDP Possible Next Year?

What is the trigger for market correction? The US trade deficit is getting smaller in first quarter GDP, the obvious revival of recessionary rhetoric could do the trick.  Market watchers believe that the probability of a recession is less than that of an intense hastening in GDP growth.  Market watchers forecast about 2% gain in GDP growth this year in the United States which they also believe will be followed by 3% plus growth next year.     

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