http://www.fxstreet.com/fundamental/market-view/global-chartbook/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/market-view/global-chartbook/2009-11-13.htmlExecutive Summary: The global economy plunged into its deepest recession in decades last autumn as financial markets seized up in the wake of Lehman Brothers’ failure. By early this year industrial production in the 30 countries that comprise the Organisation for Economic Cooperation and Development was down more than 15 percent from year-earlier levels (Figure 1). It could have been far worse, however. The governments of the world’s major countries averted catastrophe last year by takingFri, 13 Nov 2009 09:30:59 GMThttp://www.fxstreet.com/fundamental/market-view/sam.bullard@wachovia.com (Wells Fargo Investments, LLC)http://www.fxstreet.com/fundamental/market-view/global-chartbook/2009-11-13.htmlhttp://www.fxstreet.com/fundamental/market-view/global-chartbook/2009-09-10.htmlExecutive Summary: The heady days of 2004-2007, when global GDP growth averaged about five percent per annum, seem like a distant memory now. Growth in most countries slowed in the first half of 2008 due in part to monetary tightening, the unprecedented rise in energy prices and dislocations in credit markets. Global economic activity then went into absolute freefall in the fourth quarter of 2008 as credit markets froze up in the wake of Lehman Brothers failure, and the sharp downturn in majorThu, 10 Sep 2009 13:19:37 GMThttp://www.fxstreet.com/fundamental/market-view/sam.bullard@wachovia.com (Wells Fargo Investments, LLC)http://www.fxstreet.com/fundamental/market-view/global-chartbook/2009-09-10.htmlhttp://www.fxstreet.com/fundamental/market-view/global-chartbook/2009-06-12.htmlExecutive Summary Global Economy: Is the Deepest Recession in Decades Ending? The heady days of 2004-2007, when global GDP growth averaged about five percent per annum, seem like a distant memory now. Growth in most countries slowed in the first half of 2008 due in part to monetary tightening, the unprecedented rise in energy prices and dislocations in credit markets. Global economic activity then went into absolute freefall in the fourth quarter of 2008 as credit markets froze up in the wakeFri, 12 Jun 2009 07:52:01 GMThttp://www.fxstreet.com/fundamental/market-view/sam.bullard@wachovia.com (Wells Fargo Investments, LLC)http://www.fxstreet.com/fundamental/market-view/global-chartbook/2009-06-12.htmlhttp://www.fxstreet.com/fundamental/market-view/global-chartbook/2009-05-15.htmlExecutive Summary Global Economy is in Deepest Recession in Decades The heady days of 2004-2007, when global GDP growth averaged about five percent per annum, seem like a distant memory now. Growth in most countries slowed in the first half of 2008 due in part to monetary tightening, the unprecedented rise in energy prices and dislocations in credit markets. However, global economic activity went into freefall in the fourth quarter of 2008 as credit markets froze up in the wake of LehmanFri, 15 May 2009 09:41:01 GMThttp://www.fxstreet.com/fundamental/market-view/sam.bullard@wachovia.com (Wells Fargo Investments, LLC)http://www.fxstreet.com/fundamental/market-view/global-chartbook/2009-05-15.htmlhttp://www.fxstreet.com/fundamental/market-view/global-chartbook/2009-04-09.htmlExecutive Summary Global Economy is in Deepest Recession in Decades The heady days of 2004-2007, when global GDP growth averaged about five percent per annum, seem like a distant memory now. Growth in most countries slowed in the first half of 2008 due in part to monetary tightening, the unprecedented rise in energy prices and dislocations in credit markets. However, global economic activity went into freefall in the fourth quarter of last year as credit markets froze up in the wake of LehmanThu, 09 Apr 2009 13:31:59 GMThttp://www.fxstreet.com/fundamental/market-view/sam.bullard@wachovia.com (Wells Fargo Investments, LLC)http://www.fxstreet.com/fundamental/market-view/global-chartbook/2009-04-09.htmlhttp://www.fxstreet.com/fundamental/market-view/global-chartbook/2009-03-13.htmlExecutive Summary Global Economy is in Deepest Recession in Decades The heady days of 2004-2007, when global GDP growth averaged about five percent per annum, seem like a distant memory now. Growth in most countries slowed in the first half of 2008 due in part to monetary tightening, the unprecedented rise in energy prices and dislocations in credit markets. However, global economic activity went into freefall in the fourth quarter of last year as credit markets froze up in the wake of LehmanFri, 13 Mar 2009 08:56:52 GMThttp://www.fxstreet.com/fundamental/market-view/sam.bullard@wachovia.com (Wells Fargo Investments, LLC)http://www.fxstreet.com/fundamental/market-view/global-chartbook/2009-03-13.htmlhttp://www.fxstreet.com/fundamental/market-view/global-chartbook/2009-02-13.htmlExecutive Summary Global Economy is in Deepest Recession in Decades The heady days of 2004-2007, when global GDP growth averaged about 5% per annum, seem like a distant memory now. Growth in most countries slowed in the first half of 2008 due in part to monetary tightening, the unprecedented rise in energy prices and dislocations in credit markets. However, global economic activity went into freefall in the fourth quarter of last year as credit markets froze up in the wake of Lehman Brothers’Fri, 13 Feb 2009 15:58:41 GMThttp://www.fxstreet.com/fundamental/market-view/sam.bullard@wachovia.com (Wells Fargo Investments, LLC)http://www.fxstreet.com/fundamental/market-view/global-chartbook/2009-02-13.htmlhttp://www.fxstreet.com/fundamental/market-view/global-chartbook/2009-01-16.htmlExecutive Summary Global Economy Probably in its Deepest Recession in Decades The heady days of 2004-2007, when global GDP growth averaged about 5% per annum, seem like a distant memory now. Growth in most countries slowed in the first half of 2008 due in part to monetary tightening, the unprecedented rise in energy prices and dislocations in credit markets. Although most countries have not yet reported real GDP data for the fourth quarter of 2008, it appears that global economic activityFri, 16 Jan 2009 08:39:46 GMThttp://www.fxstreet.com/fundamental/market-view/sam.bullard@wachovia.com (Wells Fargo Investments, LLC)http://www.fxstreet.com/fundamental/market-view/global-chartbook/2009-01-16.htmlhttp://www.fxstreet.com/fundamental/market-view/global-chartbook/2008-12-17.htmlExecutive Summary A Nasty Global Recession is Underway Global economic growth averaged nearly 5% per annum between 2004 and 2007, the strongest four-year period of growth in decades. However, real GDP growth rates slowed in most countries in the first half of 2008, and it appears that most major economies have now slipped into recession due in part to the effects of the global credit crunch. We project global GDP will expand less that 1% in 2009, the slowest year for global growth since 1982.Wed, 17 Dec 2008 10:44:53 GMThttp://www.fxstreet.com/fundamental/market-view/sam.bullard@wachovia.com (Wells Fargo Investments, LLC)http://www.fxstreet.com/fundamental/market-view/global-chartbook/2008-12-17.htmlhttp://www.fxstreet.com/fundamental/market-view/global-chartbook/2008-11-14.htmlExecutive Summary It Appears That a Global Recession is Underway Global economic growth averaged nearly 5 percent per annum between 2004 and 2007, the strongest four-year period of growth in decades. However, real GDP growth rates slowed in most countries in the first half of 2008, and it appears that many major economies have now slipped into recession due in part to the effects of the global credit crunch. We project global GDP will expand only 1.7 percent in 2009, the slowest year forFri, 14 Nov 2008 09:09:10 GMThttp://www.fxstreet.com/fundamental/market-view/sam.bullard@wachovia.com (Wells Fargo Investments, LLC)http://www.fxstreet.com/fundamental/market-view/global-chartbook/2008-11-14.htmlhttp://www.fxstreet.com/fundamental/market-view/global-chartbook/2008-10-10.v02.htmlExecutive Summary It Appears That a Global Recession is Likely Global real GDP growth averaged nearly 5 percent per annum between 2004 and 2007, the strongest four-year period of growth in decades. However, real GDP growth rates have slowed in most countries this year, and we look for further deceleration in 2009. Indeed, we project that global GDP will grow only 2 percent in 2009, the slowest year for global growth since 1993. If credit markets remain frozen for a prolonged period of time,Fri, 10 Oct 2008 07:58:30 GMThttp://www.fxstreet.com/fundamental/market-view/sam.bullard@wachovia.com (Wells Fargo Investments, LLC)http://www.fxstreet.com/fundamental/market-view/global-chartbook/2008-10-10.v02.htmlhttp://www.fxstreet.com/fundamental/market-view/global-chartbook/2008-09-12.htmlGlobal real GDP growth averaged nearly 5 percent per annum between 2004 and 2007, the strongest four-year period of growth in decades. However, real GDP growth rates have slowed in most countries thus far in 2008, and we look for further deceleration ahead. Indeed, global GDP growth should slip below its long-run average this year, and 2009 should prove to be the slowest year for global growth since 2002. Although some major countries are in, or soon to be in, recession, economic fundamentalsFri, 12 Sep 2008 08:42:22 GMThttp://www.fxstreet.com/fundamental/market-view/sam.bullard@wachovia.com (Wells Fargo Investments, LLC)http://www.fxstreet.com/fundamental/market-view/global-chartbook/2008-09-12.htmlhttp://www.fxstreet.com/fundamental/market-view/global-chartbook/2008-08-07.htmlExecutive Summary Global Growth Should Slow to Trend in 2008 Before Falling Below in 2009 Global real GDP growth averaged nearly 5 percent per annum between 2004 and 2007, the strongest four-year period of growth in decades. However, real GDP growth rates have slowed in most countries thus far in 2008, and we look for further deceleration ahead. Indeed, global GDP growth should fall below its long-run average next year, making it the slowest year for global growth since 2002. Although globalThu, 07 Aug 2008 08:53:58 GMThttp://www.fxstreet.com/fundamental/market-view/sam.bullard@wachovia.com (Wells Fargo Investments, LLC)http://www.fxstreet.com/fundamental/market-view/global-chartbook/2008-08-07.htmlhttp://www.fxstreet.com/fundamental/market-view/global-chartbook/2008-07-11.htmlExecutive Summary Global Growth Should Fall Below Trend in 2009 Global real GDP growth averaged nearly 5 percent per annum between 2004 and 2007, the strongest four-year period of growth in decades. However, real GDP growth rates have slowed in most countries thus far in 2008, and we look for further deceleration ahead. Indeed, global GDP growth should fall below its long-run average next year, making it the slowest year for global growth since 2002. Although global growth should slow further,Fri, 11 Jul 2008 08:18:10 GMThttp://www.fxstreet.com/fundamental/market-view/sam.bullard@wachovia.com (Wells Fargo Investments, LLC)http://www.fxstreet.com/fundamental/market-view/global-chartbook/2008-07-11.htmlhttp://www.fxstreet.com/fundamental/market-view/global-chartbook/2008-02-13.htmlExecutive Summary Global Growth Should Slow to Trend in 2008 Global real GDP growth averaged 5% per annum between 2004 and 2007, the strongest four-year period of growth in decades. Rising inflation rates led to a tightening of macroeconomic policies over the past few years, which caused some deceleration in global economic activity in 2007. In addition, dislocations in credit markets caused by the subprime mortgage debacle in the United States appear to have weighed on growth rates in manyWed, 13 Feb 2008 11:08:37 GMThttp://www.fxstreet.com/fundamental/market-view/sam.bullard@wachovia.com (Wells Fargo Investments, LLC)http://www.fxstreet.com/fundamental/market-view/global-chartbook/2008-02-13.html