Dow Closes Above 19,000 For First Time As Trump Rally ContinuesYesterday, the World Bank issued its report on expected global economic growth for 2017. In the report, the institution forecast global GDP growth to increase to 2.7% compared to the 2.3% in 2016. Watch on Forbes:If the global GDP were to return to GDP growth rates prior to the financial meltdown, extreme poverty could be reduced to just 4% globally by 2030. However, increased protectionism and a global trade war would mean slower GDP growth, and extreme poverty would then come down to 9% of the world's population. Next week we will get the International Monetary Fund releasing its own forecast for global economic and GDP growth in 2017.
Source: Forbes January 11, 2017 11:50 UTC