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Mahogany Financial Groups Outlook On 2012
Mahogany Financial Groups Outlook On 2012
Panama City, Panama based investment group shares its views on the 2012 markets.
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 9, 2011 --
On the global economic outlook for next year:
"Assuming we get through this crisis without a discontinuity, a break in the markets, a catastrophe, then next year probably looks a lot like this year did: modest economic growth in the United States, tough economic climate in Europe, and probably a decent story continuing in the emerging markets." - Kenneth Kane (Senior Trader)
If Europe doesn't go in the right direction, all bets are off. It's a much more difficult economic climate, and it depends on what happens. The benefits of the euro are so important to every country in Europe...that there's going to be tremendous pressure to make this work.
As long as Europe comes through this crisis intact...the growth story in the emerging market stays intact. And that is largely premised on a couple of things. One is commodity prices and oil prices stay reasonably strong. If they do, then many of the countries which have undergone tremendous transformation over the last several years will remain strong, the Chile and Colombia and the resource-rich countries of Africa will continue to make enormous progress. China and India are just long-term growth stories, demographics underlying it, education underlying it. They're very good growth stories.
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