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Economic Growth Cloud over Equities - FINANCIAL-24

The Bureau of Economic Analysis reported that US GDP expanded 1.6 percent in 2017, the lowest growth since 2011.  The report also showed that corporate profits fared badly in 2017 and were lower than in 2012.  In stark juxtaposition, the S&P 500 index expanded more than 40 percent from 2012 to 2017. 

Overvaluation in equity markets remains a serious issue in 2018 as the corporate sector emerges from the oil induced earnings recession.  Economic growth is also expected to remain lackadaisical: the World Bank’s US GDP projection is 2.2 percent for 2018

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Title : Economic Growth Cloud over Equities - FINANCIAL-24
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