Below is the LPL Financial Weekly Economic Commentary by John Canally, Economist and Investment Strategist for LPL Financial. Highlights 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. Gauging Global Growth in 2014 & 2015: An Update…
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