OECD warns on global growth outlook

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One is not usually terribly swayed by the forecasts of the great and good economic institutions but this one looks right to me with the OECD cutting everything in sight just three months from their last update:

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There goes any acceleration this year. Next quarter the falls will being. Full report:

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.