IMF: Global Economy on Track for Growth

Dr. John Rutledge — economist, fund manager, and business leader — is one of our favorite sources.  He combines his strong theoretical background with useful practical experience and a very broad perspective.  While reading his observations about the economy and recession prospects, we should take note of the factors that he thinks are important.

Link: IMF: Global Economy on Track for Growth.

Recession? I don’t think so. On Friday, Rodrigo Rato, the head of the IMF, told a Wharton group that the IMF expects worldwide economic growth for 2007 to clock in at close to 5 percent, the strongest five-year span for the global economy since the late …