The next decade or two will see some pretty dramatic stuff; some remarkable opportunities are set to emerge, but there is a real danger that we will convert all these opportunities into disaster. This is why.
Today bull and bear are looking at forecasts for 2012 and beyond. The focus is on the forecasts of Capital Economics on the US, UK and Eurozone economies, and Goldman’s Sachs predictions for the FTSE 100, shares to watch out for, and, of course, the vampire squid’s views on the economy.
Crisis may have descended upon the West, because we are in an in-between age. Allow me to explain.
Bull and Bear – an optimistic and pessimistic view of investment news. Today’s stories: Is the ECB’s lending rocket turning into boomerang? UK bonds hover around all-time high, as US bonds fall. Oil surges on the back of predictions of fall. UK does better and worse than expected.
For creating economic growth, there are two things that matter, at least that’s my view. There is innovation and a thing called demand. It is the interaction between these two that determines just about all the important things that occur within an economy.
It is time to look back but, for once, in today’s look at 2011 the Eurozone will be ignored. We all know this is set to unravel, and it is hard to think of anything new to say that hasn’t been said a hundred times before. Today, instead, our focus is on some of the other interesting developments this year that have occurred outside Europe.
Christmas time seems to be a good point to try to scratch beneath the surface, and ask: what is really happening in the economy today? So, here is the first of a four part series, asking this very question. I am scratching deep here and trying to look at what’s really going on.
There are no companies announcing results w/c 26 December 2011.
A greener Christmas?
- This year keep all of your Christmas cards to make next year’s gift tags.
- Instead of spending money on artificial Christmas decorations that won’t biodegrade, let nature decorate your home try: cinnamon sticks, gingerbread, holly, seasonal berries, ivy and evergreen branches – once you’ve finished with them, you can put them in the composter!
- Buy an organic turkey – reared in humane conditions, they taste better too. This way you can also buy Christmas food locally, and by shopping at farmers markets or buying direct from the farmer it’s cheaper than buying organic in the supermarket.