Lagarde: Global economy is in 'a delicate moment' and 'losing momentum'

div > div.group > p:first-child"> "The growth is losing the momentum that we had hoped for pretty much across the globe. We have 70 percent of the economy that is slowing down," Lagarde said Tuesday in an interview with CNBC's Sara Eisen at the 13th Annual Capital Markets Summit in Washington, DC."The U.S. is not immune to the deceleration anymore."

The markets have been sensitive to global economic data. Stocks posted a strong rally on Monday on strong manufacturing data out of the U.S. and China after taking a hit from weak retail sales and durable goods numbers in March. Adding to the market volatility has been the news coming from the negotiations of a trade deal between China and the U.S.

The Joseph’s are needed

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coal still king as global carbon emissions soarAs the world's economy boomed last year, power plants fueled by coal emitted their highest level of carbon dioxide on record. Ocean rise of 70-80 metres by the end of this century will be a consequence of this rate of global warming as well as the extinction of many current species, plant and animal. Shhhhh....be quiet. Your either scaring or emboldening the GovInslee 's and ilk, as well as frightening the brainwashed and indoctrinated children. Stop it!
Source: USATODAY - 🏆 100. / 63 Read more »

Dow tops 26,000 as U.S., China data points to stabilizing global slowdownU.S. stocks kicked off the week with strong gains on Monday after better-than-expected Chinese and U.S. economic data suggested the slowdown in the global... Lol. So it all turned around over the weekend? Manipulated, artificial numbers to keep the market pumped
Source: MarketWatch - 🏆 3. / 97 Read more »