Morgan Stanley analysts predict no growth in overall GDP for the year ending in Q3 2008
Weaker demand in U.S. could curb exports
Impact of slowing U.S. economy could spread
Report identifies three themes for the coming year
2008 to be a year of adjustments, say Scotiabank economists
Every past economic downturn has lead to lower profit margins
BCA Research insists that the cyclical uptrend in global equities is not over, despite recent weakness.“Credit market turmoil is rapidly curbing investor risk appetites and presenting an ongoing threat for equity markets,” the independent research firm says in a research brief. “However, the overall global macro backdrop remains decent, liquidity is still abundant and valuations […]
Global economy has important sources of resilience
Economic and trade developments have grown much faster than expected
Spread between 10-year and 2-year Treasuries widens