GROWTH AND EQUITIES IN THE G7: SCARY OR ENCOURAGING?
Today is my birthday - can we theory during that retrogression we was conceived? In lieu of waking up early to blog a extensive commentary, we chose to erect dual charts.
G7 Growth: Going down hard
The draft illustrates quarterly expansion rates upon an annualized basis. Canada has not expelled Q1 GDP yet; a -6.5% represents a Bank of Montreal’s forecast.
The G7 ex a US recover their GDP expansion rates upon a q/q basis, not annualized. This draft compares a expansion rates upon an annualized basement ((Q1 2009/Q4 2008)^4-1)*100 = annualized expansion for a more aged to a BEA’s release. Clearly, a G7 is low in a red.
G7 Equities: Moving upon up
The draft illustrates equity indices for a G7 economies, normalized to 1994. A miscarry is stirring - is it sustainable?
Rebecca Wilder
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