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sd-10-EFTA01380817Dept. of Justice

EFTA Document EFTA01380817

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Charts of the Month - March/April 2016 Changes to 2016 GDP Estimate 7.0% - The biggest change to our World GDP estimate came 6.0% • from the U.S. which was downgraded from 2.4% to 1.9% in 2016. 5.0% 4.0% 3.0% -r 2.0% ... 0.0% U.S. Europe UK Japan China World ■ November 2015 Forecast for 2016 GDP ■ March 2016 Forecast For 2016 GDP U.S. Valuations "Stretched" 20x lax 16x 14x 12x 10x The recent rally in equities has pushed valuations to levels that warrant caution.

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Dept. of Justice
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sd-10-EFTA01380817
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