US ratings agency out with a note on the world economy 9 May

  • 2018 forecast revised up to 3.1% vs 3.0%
  • US 2017 GDP has been revised down slightly but offset by a better outlook for China and Japan
  • weaker Q1 US growth due to consumption and looks to have been affected by temporary factors

And more rate hikes are going to help? What a topsy-turvy world we live in