OutlookBased on current International Monetary Fund (IMF) projections, the estimate for global GDP growth has been reduced to 3.5 percent in 2012, representing the second downward revision to growth estimates this year. The IMF highlights that the global economic recovery has weakened considerably and continues to face further downside risks. The IMF notes that the European debt crisis continues to be one of the largest risk factors, particularly as growth momentum slows in emerging markets, including China, Brazil and India. The IMF also notes that momentum appears to be slowing in the United States, a region that was previously forecast to experience more robust growth. Weaker growth is now forecast for both advanced and key emerging economies in the second half of 2012. As a result, the IMF also cut its 2013 global GDP growth forecast to 3.9 percent.
GrafTech Reports Second Quarter 2012 Results
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.