Market-Driven Corrections Replace Fading Transitory Policies

Market-Driven Corrections Replace Fading Transitory Policies By Evangelos Otto Simos INTERNATIONAL ECONOMIC OUTLOOK Market-Driven Corrections Replace Fading Transitory Policies By Evangelos Otto Simos INTERNATIONAL ECONOMIC OUTLOOK Dr. Simos is Director of Forecasting at e-forecasting.com, a division of Infometrica s Data Center, 65 Newmarket Road, Durham, NH 03824, U.S.A. Web Site: www.infometrica.com, e-mail: eosimos@e-forecasting.com. This report does not purport to be a complete description of global economic conditions and financial markets. Neither the Journal nor Infometrica, Inc. guarantee the accuracy of the projections, nor do they warrant in any way that the use of information or data appearing here in will enhance operational or investment performance of individuals or companies who use it. The views presented here are those of the author, and in no way represent the views, analysis, or models of Infometrica, Inc. and any organization that the author may be associated with. I. GLOBAL ASSESSMENT AND OUTLOOK I I n the second quarter of 2010, the global economic recovery entered its growth deceleration phase in the worldwide business cycle. The transitory fiscal ...