World Bank June 7, 2016
"The World Bank is downgrading its 2016 global growth forecast to 2.4% from the 2.9% pace projected in January. The move is due to sluggish growth in advanced economies, stubbornly low commodity prices, weak global trade, and diminishing capital flows."
Global GDP with Commodities:
"We're dumb beta - fully decoupled from Globalization"