January 23, 2018
THANKS CHUCK:
U.S. funding deal keep stocks bulls on the charge (Marc Jones, 1/23/18, Reuters)
The International Monetary Fund revised up its global growth forecasts for 2018 and 2019 to 3.9 percent, which would be the highest since 2011. There was also a lift from Japan as its central bank said it would keep its stimulus flowing."We should not confuse a mature bull market with a decrepit one," Goldman Sachs said in its 2018 outlook to clients."For the first time in a decade, the major economies of the world are all expanding at the same time, providing a foundation for global profits that fundamentally support risk assets."
Posted by Orrin Judd at January 23, 2018 6:07 AM