IMF report won't stop market rally

The IMF last night lowered their global growth forecasts. But they are still probably too optimistic.

As is the case these days, the International Monetary Fund has told us pretty much what we already knew.

According to the agency, China’s growth is expected to slow to 7.8% this year. If it did, that would be cause for celebration. For most analysts are tipping China’s growth to come in at 7.5% or lower.

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