International Summation for 2016 and Country-Level Thoughts for 2017

     Each paragraph below focuses on the following economic players: the US, the UK, EU, Canada, Japan, Australia and China.       The U.S. is in the strongest economic position when compared to its developed world counterparts.  3Q GDP was over 3%.  While 4Q projections are lower, they’re still higher than most other countries.  The unemployment rate is below 5% which has translated into strong retail sales growth.  Strong auto and housing sales point to continued consumer confidence.  While business spending has been waning, a weak oil market is at least partially responsible.  Recent anecdotal reports indicate mining investment should…

Source: XE news feed
International Summation for 2016 and Country-Level Thoughts for 2017