The macro picture globally is still one of low economic growth, low inflation and low interest rates. To try and kick-start growth, the Fed started its latest round of quantitative easing (QE3) in Q312 at $40bn a month and then increased it to $85bn by the end of last year.
Download PDF
After a bright start to 2012, following a €1trillion Christmas bailout for the Euro,the world economy is again stuttering and global markets are being driven by the impact of the euro crisis.
Download PDF
Equity markets finished 2012 strongly and FTSE ended up a healthy 6%. However, technology shares had a great year, with a 20% rise in Techmark and 16% rise in NASDAQ indices.
Download PDF