12.12.2012 - 2013: Global growth to pick up, says State Street’s Lacaille
Global growth should pick up slightly in 2013 on improvements in both the advanced and developing economies, says State Street Global Advisors’ global CIO Rick Lacaille. However, risks remain skewed to the downside, he said, reflecting potential fallout from the Chinese slowdown, the European debt crisis and the US fiscal cliff. He adds: “Investors have become all too familiar with the headwinds to economic growth and corporate profits and therefore remain concerned with the potential for losses on risky assets...............................................Full Article: Source
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