Gauging Global Growth in 2014 & 2015: An Update From LPLGuest Post
Below is the LPL Financial Weekly Economic Commentary by John Canally, Economist and Investment Strategist for LPL Financial.
- Global GDP growth in 2014 remains on track to accelerate versus 2013’s pace, excluding the impact of the weather.
- The pace of growth in the global economy is a key driver of global earnings growth, and ultimately, the performance of global equity markets.
- In our view, markets may already be looking ahead to the second half of 2014, and especially the third quarter, to gauge the true underlying pace of global growth.
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