Latest Forecasts Show Economy Is Doing Okay

Amid grim headlines and a widely-held perception that global growth is slowing dramatically, new economic data forecasts from The World Bank and The Wall Street Journal indicate that neither world economic growth nor the U.S. economy are in bad shape.

Since June 30th, 2018, the economic staff at The World Bank shaved their expectations for global growth by a tenth of 1%. That's a small downward revision compared to the concerns in the media about the trade dispute with China causing a global slowdown that will hit the United States.

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

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