a possibly the first to go down this pass and we don t know the details but someone of the major central banks will start putting a big call in along with gold into their strategic reserves and this will set off a mad scramble for bar gold and at home. how do you hide this is boom bust broadcasting around the world and covering the world of business of finance and the impact on all of us i m for children washington we re sure glad you re on board well coming up today there is just released review a news new new news rather about the global economy in china growth our economies and markets doing danielle shay and steve malzberg are standing by to tell us plus it might warm your heart and sound fantastic to hear about you know why it s to end waste in plastic but you ll be less enthusiastic when alex behala bitch told us more about the group and later we ll bring you a walk around the. talk with exhibitors at the north american big point conference we don t have time to get it
measures as already surpassed the u.s. as the world s largest economy may not be able to lift the world s economy as demand legs elsewhere this year. and here take a closer look at economies and markets our friends danielle shay of simpler trading and conservative commentator steve malzberg welcome guys thanks for being with us again steve let s start with you in the u.s. you know it s been two years and one day since donald trump took over what was already a growing economy and it really continued going to greater heights but now many are questioning if it will or can continue steve what s your take. well one day you and i will sit down have a great debate over how effective the obama recovery was but that s beside the point yeah i look i mean g.d.p. in the second quarter of two thousand and eighteen was four point two percent and in the third quarter as you well know went down to three point four percent where s it going to be come come the fourth quarter report you know wi
world economy is growing most slowly than expected and risks are rising. does that mean that a global recession is around the corner no. but the risk of a shop a decline in global growth. has certainly increased. to this. yeah uncertainty the geopolitical where is and disappointing long term growth prospect and you have an economic pitch with a pretty clear message. and another disconcerting data point has been added to that litany of disappointing growth numbers as china post its worst growth bigger in almost thirty years china s economy grew by six point six percent overall and twenty eight thousand according to the chinese bureau of statistics that announced figure which most other nations of the world would envy is for china the lowest growth rate since one thousand nine hundred ninety you may recall that the chinese economy had been growing in the range of seven to eight percent from two thousand and twelve to twenty fourteen the new statistics suggest that china which b
to shape out these days active. and engaged equals betrayal. when so many find themselves worlds apart we choose to look for common ground. but. how do you hide this is boom bust broadcasting around the world and covering the world of business and finance and the impact on all of us i m part children in washington we re sure glad you re on board well coming up today there is just released review and news new new news rather about the global economy and china growth our economies and markets doing danielle shay and steve malzberg are standing by to tell us plus it might warm your heart and sound fantastic to hear about an alliance to end waste in plastic but you ll be less enthusiastic when alex behala bitch tells us more about the group and later we ll bring you a walk around and talk with exhibitors at the north american big coin conference we don t have time to get it to you on our last broadcast but we have it today from a crypto artist to a hollywood t.v. producer it was
last summer they expected twenty one thousand to grow four tenths of a percent higher at three point nine percent a familiar litany of slowdown reports especially in europe are likely causes for the adjustment though the i.m.f. forecasts for growth in the u.s. and china are notably unchanged since the last i.m.f. review which occurred in october i.m.f. managing director christine lagarde characterize the latest economic indicators earlier today and the bottom line is that off to two years of solid expansion the world economy is growing most slowly than expected and risks are rising. does that mean that a global recession is around the corner no but the risk of a show up a decline in global growth has certainly increased to this. uncertainty the geopolitical worries. and disappointing long term growth prospect and you have an economic pitch with a pretty clear message. and another disconcerting data point has been added to that litany of disappointing growth numbers as china p