America contracts: Is the globe decelerating?

Real gross domestic product -- the value of the production of goods and services in the United States, adjusted for price changes -- decreased at an annual rate of 0.7 percent in the first quarter of 2015, according to the "second" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.2 percent

Canada contracted by Real gross domestic product decreased 0.1% in the first quarter, following growth of 0.6% in the fourth quarter of 2014. This was the first negative growth rate of real GDP since the second quarter of 2011. 

On a monthly basis, real GDP by industry fell 0.2% in March.

Final domestic demand fell 0.4% after increasing 0.4% in the previous quarter. 

CPI 0.8 %

Unemployment Rate 6.8 %

Monthly GDP -0.2 %

Source: Statistics Canada

It was a hope that North America is turning around. The N. American news should be a dampener. Week end sell off cannot be ruled out.

Without any risk or responsibility.