BACK IN THE GAME

摘要

"The good old days," as Arved Teleki referred to them, ended for the global economy in Q3 20Q8. That's when worldwide GDP began a synchronized descent that bottomed out in the first quarter of last year. Teleki, chief economist at Chemical Market Assoc. Inc. (CMAI; Houston, TX), forecast at CMAI's World Petrochemical Conference (WPC, March 24-25, Houston) that a return to pre-peak levels was likely to occur last month or this month.