3 years ago

Todd Evans

Todd Evans

Recent history of

Recent history of forecasting(OECD Leading Indicator, sa, trend restored)110105Double-diprecessionDouble-dip,round 2100959085Financialcollapse,recessionRecovery!!Recovery 1?Recovery 2?802005 2006 2007 2008 2009 2010 20114Source: OECD

Current Global SituationUS economy starting to gain tractionCredit conditions improving – critical for small firmsLabour picture looking better – but still a ways to goCompanies flush with cash – supports capex and hiringEU economy contracting under uncertainty ofdebt crisisCredit markets getting tighter, banks under pressureGrowth in key emerging markets will slow in 2012Slower growth expected in China, India and Brazil, butlonger-term prospects are goodInterest rates on hold through early 20135

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