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May 13, 2013

Fund manager says China, Japan troubles will have big impact on stocks worldwide

  • But Kenneth Lowe of Matthews Asian Growth & Income says quarterly GDP or inflation figures don't reveal much about the long-term outlook.
    • By MARK JEWELL
    AP Personal Finance Writer

    BOSTON — Investors are worried about the slow pace of U.S. economic growth, but we're just one player in the international arena. To assess the global outlook, two numbers are critical: China's gross domestic product and Japan's inflation rate.

    They're important because China and Japan are the world's second- and third-largest economies, and both are faltering. The outlooks in both countries could continue to have a big impact on stocks around the world as Chinese and Japanese policymakers try to stimulate their economies.


     
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