Stuart Thomson
Global economy will avoid recession in 2012, but a slowdown will occur in the second half of the year – comment by Stuart Thomson, chief market economist at Ignis Asset Management
- Global economy will avoid a double dip recession, growing by just 2.25%
- Fed will be forced to add further quantitative easing in 2012
- France and Austria will lose AAA rating as Central and Eastern Europe follow the Eurozone into …
The Eurozone crisis is one of solvency, not liquidity, and the ECB does not have unlimited funding for insolvent governments – comment by Stuart Thomson, chief economist at Ignis Asset Management
- ECB does not have a mandate for unlimited funding of insolvent governments
- Italian and Spanish government bonds are likely to remain above 6% for the foreseeable future
- The Euro will significantly weaken against the dollar and Sterling during …
The US economy will be living on borrowed time from Q1 2012 – comment by Stuart Thomson, chief economist at Ignis Asset Management
There has been a palpable sense of relief in the US over the modest improvement in US economic data over the past six weeks. This has been better than feared, resulting in a commensurate improvement in the surprise indices. Indeed, preliminary third quarter GDP suggests that annualised growth in the …
