Euromoney (December Issue)
We might be in line for some tasty economic porridge in 2013. “The US, Japan and Europe will be too cold next year. Manufacturing from emerging economies might be too hot. The result, though, might be just right.” World GDP could expand at 3% with industrial output up 5% or more. “Like Goldilocks’ porridge—growth is warm enough to reduce defaults and produce cashflow to service debt, but not too hot to spark inflation and a massive bond sell-off.”
We might be in line for some tasty economic porridge in 2013. “The US, Japan and Europe will be too cold next year. Manufacturing from emerging economies might be too hot. The result, though, might be just right.” World GDP could expand at 3% with industrial output up 5% or more. “Like Goldilocks’ porridge—growth is warm enough to reduce defaults and produce cashflow to service debt, but not too hot to spark inflation and a massive bond sell-off.”
Tags: 2013, Economic forecast, Emerging economies, Europe, GDP, Industrial ouput, Inflation, Japan, Manufacturing, U.S.
Barron’s (November 20)
Barron’s predicts upbeat holiday sales and a brighter retail forecast for 2011. “American consumers are flexing their wallets again.” The magazine believes retail holiday sales will rise 3.5% to 4%, and the overall U.S. economy could expand by up to 4% in 2011.
Tags: Consumer sales, Economic forecast, Holiday sales, U.S.
