Monday, December 24, 2012

The Economy Will Improve (Economist)

Here is a 2013 Forecast from The Economist and the CMEgroup.

The new year will begin with heavy clouds suspended over
much of the global economy, but with the prospect of
brightening later in 2013. 

Uncertainty over the “fiscal cliff” will weigh on U.S. growth in
the short-term, but assuming this hurdle is safely negotiated,
confidence should improve next year. By mid-2013 stimulus
should also more visibly be boosting China’s economy, and
even the euro zone should be growing again. 

The Economist Intelligence Unit’s latest global forecast—
largely unchanged from last month—is therefore for a
limited pick-up in Gross Domestic Product growth next
year, with improvements in key economies setting the
stage for a stronger recovery in 2014

Read more here:

Happy holidays!

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