Economic News from Abroad Continues to Worsen

November 13, 2014

In addition to the U.S. economy showing signs of slowing, recent economic statistics from abroad indicate that the pace of economic growth in Brazil, China and Japan will decelerate and that the Eurozone economy will continue to contract through the remainder of this year.

 

For example, Markit Economics reported on November 3 that manufacturing activity in Brazil declined for the second consecutive month during October. The following day, Brazil’s Institute of Statistics announced that industrial production in that country declined by 2.1% during September ... read more. (More News Below).

 

11/09/14: Our research indicates that stocks will turn lower during the week ahead.

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