This morning Morgan Stanley upped its 2012 global growth estimates and it was fueled by a revision in China's numbers.
The firm now believes the 2012 global GDP will come in at 3.7% versus 3.5%.
China's GDP estimate is now 9.0% versus the 8.4% it had in recent months. One of the main factors behind the move is anticipated stimulus from China's government to help boost growth.
Japan's GDP was also increased to 1.8% versus 1.1%.
ETFs to Watch: iShares China ETF ($FXI), iShares Japan ETF ($EWJ), Vanguard Total World ETF ($VT)
Market expert and TV personality Matt McCall blogs about what is really moving the markets. He will emphasize Exchange-Traded Funds (ETFs) and individual stocks throughout the trading day.
Showing posts with label china gdp. Show all posts
Showing posts with label china gdp. Show all posts
Thursday, March 29, 2012
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