2 global GDP growth forecasts: JPMorgan and Consensus 4.5 4.0 3.5 3.0 2.5 2.0 Jan-11 May-11 Sep-ti Jan-12 May-12 Sep-12 Source: J.P. Morgan. CCIVOMUS Economics. Consensus Economics a:recasts are la regions and conies eat we averaged using the same 5-year toting USO GOP weights thai we use b our own Masi g