ECRI: Global data decelerating ‘hard’, decoupling not likely

ECRI’s Achuthan speaks with CNBC about the continuing cyclical slowdown in U.S. economic growth. On mobile, click here to view video interview.

This economic trend could end Wall Street’s bullishness from CNBC.  For the U.S. there’s nothing to be optimistic about – except optimism itself. In other words, the risk-on rally is predicated on a revival in growth, including solid holiday sales. But, regardless of new market highs, there is little objective evidence in the hard data to support that view.