Posted in company, funds, sectors, tickers

History Repeated

In anticipation that the U.S. Federal Reserve would raise interest rates this coming fall, new generation American economy is growing at a fastest pace in nearly two years helped by strong dollar, partially by lower oil prices, and return on equity from technology-related stocks.

Parallel is the euro-zone growth despite problems with consumer spending and ongoing debt crisis in Greece, which makes for 2% of the European Union’s gross countries product.

Finance ministers from the Group of Seven industrial nations and central bankers are talking on global growth and tensions over China’s claim to economic power. Although industrial countries are willing that yuan be added to IMF’s basket of currencies, the U.S. and Japan are more cautious.

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