Global GDP Came Out…And It Changes Everything

Global GDP reports show cooling growth in the US and Europe alongside a sharp contraction in Mexico.

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Source: DepositPhotos

Will this week’s economic data be enough to keep central bankers from chasing oil prices with rate hikes? Europe was barely positive. Canada bounced back but that’s two up and two down over the last year. Mexico, which, keep in mind, is a proxy for the US, big time contraction. And the US itself missed with weakness all over consumers. All that before the full energy shock weighs in.

Video Length: 00:23:51


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