The Organization for Economic Cooperation and Development issued an updated economic forecast the other day, generally very upbeat.
World… 3.1% (2016)… 3.5% (2017)… 3.7% (2018)
United States… 1.5%… 2.1%… 2.4%
Euro Area… 1.8%… 2.1%… 1.9%
Germany… 1.9%… 2.2%… 2.1%
France… 1.1%… 1.7%… 1.6%
Italy… 1.0%… 1.4%… 1.2%
Japan… 1.0%… 1.6%… 1.2%
Canada… 1.5%… 3.2%… 2.3%
United Kingdom… 1.8%… 1.6%… 1.0%
China… 6.7%… 6.8%… 6.6%
India… 7.1%… 6.7%… 7.2%
Brazil… -3.6%… 0.6%… 1.6%
Russia… -0.2%… 2.0%… 2.1%
Source: OECD.org
Wall Street History will return in a few weeks…a piece on being an airline pilot.
Brian Trumbore