Investment Chart Kondratiev Wave

Investment Chart Kondratiev Wave

Wednesday 11 April 2012

The rule of 4% spells disaster


Strategas had as most important reason why economic growth in the US will disappoint the rule of 4%. Every time when the nominal GDP growth of the Us fell below 4% the economy came into a recession. Now that seems to have happened again. Maybe that is why ECRI so stubbornly holds to its view that the US will soon be in a recession.
This time is different?
No, the economic growth in the US of 2011 probably will be revised higher (GNI higher) in the coming years.

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