The IMF like so many others appears to have been caught up in “reflation.” Its models had in its April 2017 WEO outlook upgraded US growth prospects for the first time in a long time. In their final 2016 WEO, the institute projected US real GDP growth of 2.20% for calendar year 2017, and then…
The post It’s Not The Downside, Where’s The Upside? was originally published at The Wall Street Examiner. Follow the money!