It’s Official: Global Economy Back In Contraction For First Time Since 2012 According To Goldman

by Tyler Durden
ZeroHedge.com
02/19/2015

After spending the past year deteriorating with each passing month, as global acceleration dipped decidedly in the negative camp, the only thing that kept the Goldman Global Leading Indicator “swirlogram” somewhat buoyant was that “Growth” measured in absolute terms had remained slightly positive. Not any more: according to Goldman’s latest global economic read, the world is now officially in contraction, following a sharp plunge in both acceleration and growth in February.

The Rest…HERE

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