CHART OF THE DAY: Our Read on Global Economic Reality

This chart from today's Early Look by Keith McCullough shows our Quad signals on G20 over the past two years, and our mode/median estimates for the rest of 2024. 

A) On the far left column (4Q21), you see that both the USA and Mean/Mode of the G20 = #Quad2
B) Then you read from left to right and see the numbers go yellow and red = #Quad3 and #Quad4 Slowing
C) Then you see China and the Eurozone entering #Quad4 Recessions as the UK gets smoked with RED

Subscribe to the Early Look to see our Quad estimates for each country throughout 2024.

• Quad 1 = Growth accelerating, inflation decelerating
• Quad 2 = Growth accelerating, inflation accelerating
• Quad 3 = Growth decelerating, inflation accelerating
• Quad 4 = Growth decelerating, inflation decelerating

WATCH NEXT: WATCH | Free Episode of "The Macro Show" With Our Inflation Outlook ‘Magnificent’ Divergence: TSLA Tanking as NVDA Goes Vertical Win-Win: Our Analysts' Long AMZN + Short AAPL Calls Confirmed

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