Posts Tagged 'Worldwide'

2012 Outlook – modest growth in Asia and the USA, ‘benign’ recession in Europe?

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2012 Outlook – modest growth in Asia and the USA, ‘benign’ recession in Europe?

If you had time to peruse the 2012 Morgan Stanley Global Economic Forecast in between munching through the Turkey and the mince pies, you would have noticed it’s a pretty mixed bag but not necessarily fun reading.

Globally, the perception is that growth will be more modest than previously forecast due mainly to poor performance in the USA and stagnation at best (with the risk of recession) in Europe.

Indeed, Europe remains the greatest concern. ...

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