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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (19103)	12/20/2004 4:36:15 PM
From: RealMuLan	Read Replies (1) \| Respond to of 116555

China and US to drive global economic growth next year Monday, December 20, 2004 7:05:21 AM ET First Berlin LONDON, December 20 (newratings.com) – Analysts at First Berlin believe that global economic growth during 2005 would be driven by healthy GDP growth in the US and China. Most popular stories: Pfizer "neutral weight," target price reduced 12:07pm Autodesk "buy," target price raised 12/20/20 AstraZeneca downgraded to "neutral" - update 12:55pm Telus "neutral" 1:24pm Exelon, PSEG merger to create largest utility in the US 1:02pm more... In a research note published this morning, the analysts mention that China and the US are likely to post 7.5% and 3.5% GDP growth, respectively, for 2005. The Euroland is likely to post only 1.4% GDP growth for the year, the analysts say. Germany's economic growth, however, would continue to be under pressure during the year, the analysts add. The Hartz IV reforms are likely to adversely affect the private consumption in Germany in the near term, First Berlin explains. newratings.com