The Traderszone Network

Published in TZ Latest News 6 January, 2015 by The TZ Newswire Staff

Can the U.S. Boom While the World Busts?

Europe, China, Japan, and Russia are all experiencing weak or negative growth, which will eventually have an impact on U.S. growth. The concern is less that other major economies are stuck in the doldrums will bring the U.S. into recession with them, but that they will hamper what could otherwise be a very strong U.S. economic recovery. Lower economic growth in Europe and Japan in particular, “certainly is a weight on U.S. economic growth,” said Gus Faucher, a senior economist with PNC Financial Services Group.