The stock market capitalization to GDP ratio is used to determine whether an overall market is under- or overvalued compared to historical averages. China's gross domestic product (GDP) growth stands at its lowest level since 1990, excluding the pandemic-impacted years.RBC economists anticipate the Fed's aggressive rate hike cycle will ultimately constrain GDP growth, pushing the economy into a mild recession in 2024. Unemployment is at a more than 50year low, with nearrecord lows for. Black and Latino workers, and manufacturing jobs have recovered faster. Meanwhile, the U.S. economy has seen strong population-adjusted GDP growth, even exceeding the rate seen in the previous decade. The latest news on the economy, jobs market, U.S. trade and housing, including the latest news and analysis on the Federal Reserve and Central Banking. KIAMBU, Kenya (AP) Turn into Tatu City on the outskirts of Kenya's capital, Nairobi, and it feels like entering a different world. Foreign institutional investors (FIIs) offloaded Rs 1,491.46 crore in the capital markets on a net basis on Tuesday, according to exchange data.