Im in for ali velshi and this is real money. Changing fortunes make out winners and losers in the Global Economy. For the First Time Since the recession, the United States is poised to be the engine of Global Growth not china, not emerging markets. The u. S. Economy is expected to grow 3. 1 this year the labor market is picking up steam, and weve seen a small but significant uptick in u. S. Wages. Meanwhile, chinas spectacular growth story is not such a page turner anymore with many expecting the economy to grow roughly 7 this year. Thats still a lot higher than the u. S. And its a far cry from the doubledigit growth china has seen in recent years. The european union, well, its just plain stagnating. 1. 8 Economic Growth is forecast for the eu this year. In response the European Central bank chief said today hes ready to spend loads of cash to stimulate eu economies. That sent the dollar soaring against the euro to the highest level in five years, and the dollar is strengthening agains
On sony. Will it much of a sdns. Im in for ali velshi, and this is real money. Changing fortunes make out winners and losers in the Global Economy. For the First Time Since the recession, the United States is poised to be the engine of global growth, not china, not emerging markets. The u. S. Economy is expected to grow 3. 1 this year, the labor market is picking up steam, and weve seen a small but significant uptick in u. S. Wages. Meanwhile, chinas spectacular growth story is not such a page turner anymore with many expecting the economy to grow roughly 7 this year. Thats still a lot higher than the u. S. , and its a far cry from the doubledigit growth china has seen in recent years. The european union, well, its just plain stagnating. 1. 8 Economic Growth is forecast for the eu this year. In response the European Central bank chief said today hes ready to spend loads of cash to stimulate eu economies. That sent the dollar soaring against the euro to the highest level in five years,