The Financial Forecast Center™
The stock markets this week seem to be a carbon copy of the markets last week: it's still a wild ride.
Two predictors of the U.S S&P 500 are the U.S. DJ Transports and the Hang Seng. Both of these predictors are still trending down.
FFC's estimate of global economic growth for 2014 is 0.9%, down from 1.8% in 2013. U.S. economic growth for 2014 is estimated at 1.1%. China's growth for 2014 is estimated at 2.6%, down from 3.7% in 2013.
Global economic growth continues to slow as China and the China Complex continues to slow.
As you may notice, these growth numbers are much lower than the GDP growth rates published elsewhere.
U.S. second quarter GDP growth rate was revised up from 2.3% to 2.7% (year over year).
FFC's own, internal measure of real economic growth puts the U.S. real economic growth rate at 0% (zero) in the second quarter of 2015.
Current Economic Indicators
|September 04, 2015 (Close of Day)|
|US GDP Growth, %||2.66|
|US Inflation Rate, %||0.17|
|US Unemployment Rate, %||5.1|
|Gold Price, $/oz||1,118.25|
|WTI Oil Price, $/bbl||46.05|
|US 10 Yr Treasury, %||2.13|