Monday, October 1, 2012

WSJ: Trade Slows Around the World

Major take away from this report:

-> The WTO just projected the global volume of trade in goods would expand only 2.5% this year, down from 5% last year.

-> The problems of the advanced economies, particularly the euro zone, are being spread around the world.


-> Europe is the epicenter of the weakness radiating through the global economy.

-> More U.S. companies may downgrade their global growth estimates.

-> At China's biggest ports, volumes are falling.

 

We need to wait to see that in entirety. How about if we start from Greece, then Euro zone, China, Japan and the Australia.. Oh hell yeh...

If interested in reading complete article, hit -> [here]. (might require subscription).


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