A Year-To-Date Look At The World
Click to enlarge
Source: All Star Charts
The chart above, from JC, shows how the world has been doing since the start of the year.
I can only think of three possible future outcomes, from best to worst:
1. Rally! The rest of the world bottoms, reverses, then gets pulled higher by the US and Japan. China and India resume their torrid growth.
2. Meh! The US & Japan soften a little, the rest of the world improves a bit, we muddle through.
3. Look out Below! The rest of the world drags US & Japan down.
These divergences tend to not last very long . . .
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.