Global Death Cross Accelerates As World Bank Slashes Growth

Wednesday, June 11, 2014
By Paul Martin

by Tyler Durden
ZeroHedge.com
06/11/2014

The World Bank joined the hallowed ranks of the IMF and admitted it was clueless last night, slashing growth estimates for every developed and developing nation from Brazil to the US. The “bumpy start” as they called it merely exacerbated what is now becoming a dismal joke as the death cross of GDP growth expectations and world stock market valuations diverge in an ever more fragile manner.

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