• 763 days Will The ECB Continue To Hike Rates?
  • 764 days Forbes: Aramco Remains Largest Company In The Middle East
  • 765 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,165 days Could Crypto Overtake Traditional Investment?
  • 1,170 days Americans Still Quitting Jobs At Record Pace
  • 1,172 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,175 days Is The Dollar Too Strong?
  • 1,175 days Big Tech Disappoints Investors on Earnings Calls
  • 1,176 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,178 days China Is Quietly Trying To Distance Itself From Russia
  • 1,178 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,182 days Crypto Investors Won Big In 2021
  • 1,182 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,183 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,185 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,186 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,189 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,190 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,190 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,192 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

Outlook 2012: Living In Interesting Times

With everything that has happened across the globe this year, we are reminded of the Chinese curse, "May you live in interesting times." People may debate whether this is actually a curse or even of Chinese origin, but as we write the outlook for 2012 we wonder if these interesting times are indeed past us. The global outlook is far from stable two years after the global recession. In fact, this year was marked by some of the worst financial crises of recent history, with the possibility of more piling on. Indeed, it seems the global economy is at a tipping point. Will the tailwinds supporting economic activity prevail over the headwinds emanating from many regions? Sovereign debt woes and sharp fiscal tightening in the Euro-zone; the risk of a renewed credit crunch and housing market problems in the U.S.; signs of a potential slowdown in China - not surprisingly, some analysts are darkly comparing the coming year with the double-dip contraction between 1929 and 1938 that marked the Great Depression in the U.S. and a period of social and financial turmoil throughout Europe. If 2011 was the year of the Chinese curse, might 2012 be the year of a more USA-styled phrase - "You ain't seen nothin' yet"?

Daily Technical Report

 

Read the Report

Back to homepage

Leave a comment

Leave a comment