Lisa Gray has been a wealth writer since 2001. She has been involved in the wealth management industry since 1988. She is the author of two bestselling books—The New Family Office and Generational Wealth Management.| For Third Year In A Row, Growth Is Uncertain |
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| Friday, April 20, 2012 18:59 |
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As in 2010 and 2011, the economic recovery is showing signs of faltering once again. European bond yields have increased and energy prices in the US are still on the rise. The equities markets have declined. Unemployment numbers disappoint short term but are encouraging overall.
This Website Is For Financial Professionals OnlyAnd that’s the difference in this year and the two previous. Economic indicators and market action seem to be progressing in fits and starts, keeping enough uncertainty in the environment for the Fed not to rule out a third quantitative easing.
The spring meetings of the international monetary fund and the World Bank will soon begin with these uncertainties in mind. And although the recent slowdown seems like a temporary stall, growth in the US is only expected to increase by 2.5% this year. Globally, unemployment is still high and economies are characterized by slow growth. Analysts in the US remain positive that the rebound will remain on track and will regain its momentum.
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