Back to top

Real Time Insight

Optimism and Pessimism are the flavors of choice in this RTI.  I wanted to show everybody the latest consensus forecasts for real GDP growth in major world economies.  

I arranged them below.  

Top performers are at the front of the pack.

 

China GDP 2012 7.7%, 2013 8.1%     (Better)

India GDP 2012 5.6%, 2013 6.6%        (Better)

 

Russia GDP 2012 3.7%, 2013 3.6%         (Worse)

Australia GDP 2012 3.5%, 2013 2.8%      (Worse)

Mexico GDP 2012 3.9%, 2013 3.6%        (Worse)

 

U.S. GDP 2012   2.2%, 2013 1.9%       (Worse)

U.K. GDP 2012 -0.1%, 2013 1.3%      (Better)

 

Japan GDP 2012 1.8%, 2013 0.8%      (Worse)

Eurozone GDP 2012 -0.5%, 2013 0.0%   (Worse)

The main point of this exercise is to show how much pessimism there is on the world economy in 2013. Outside of better outlooks for China and India, everything else looks grim. This doesn’t seem justified to me.  I am particularly dismayed by the U.S. call.

Do you agree?  Is 2013 going to be a worse year for the world economy than 2012?

Let us know your reasoning.  Why the pessimism or optimism?

Zacks Releases Their 7 Best Stocks for September, 2014

These 7 were hand-picked from the list of 220 Zacks Rank #1 Strong Buys with earnings estimate revisions that are sweeping upward. Their stock prices are expected to rise sooner than the others.

Today, this Special Report is available to new Zacks.com visitors free of charge.

Close This Panel X

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
SIGNET JEWE… SIG 116.37 +7.72%
CHYRONHEGO… CHYR 2.72 +5.84%
US SILICA H… SLCA 70.72 +4.00%
MALLINCKROD… MNK 80.11 +2.32%
RF MICRO DE… RFMD 11.76 +2.31%