The shipping company has a good sense of the global economy
- Sees US GDP at 2.3% in 2015 compared to 3.1% prior
- Sees 2016 US GDP at 2.9% compared to 3.1% previously
- Sees industrial production rising 2.2% in 2015 compared to 3.6% previously
- Sees 'moderate' growth in the global economy
For all the Fed optimism, the people on the ground are definitely seeing a disappointing year. What's even more striking is that they're downbeat on 2016.
