US Market Sector Outlook August 2013
As outlined in our recent ‘International Market Review and Outlook, Q2 2013’ report, the IMF in the July update of their World Economic Outlook report downgraded their global forecasts for the balance of 2013, leaving it un-changed from 2012’s growth of 3.1%. This is down from the 3.3% they fore-casted back in April. The report noted that “downside risks to global growth still dominate” and cited “appreciably weaker domestic demand and slower growth in several key emerging market economies” along with a “more pro-tracted recession in the euro area”. 08_2013_CFAL_Sector_Outlook-1 Click here for US Market Sector Outlook

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