02.08.2012 16:56

A World Flying Blind

The outlook for the global economy is gloomy and leaders lacking vision are to blame. Eventually, this will come back to haunt all of us
By Andy Xie
 

Recently, stock markets around the world have performed remarkably well. This may even continue for a few months. The U.S. Federal Reserve's promise to hold interest rates near zero until 2014 and signal of a third round of quantitative soon, combined with an improving U.S. labor market, have emboldened risk-takers. Financial markets are seeing more risk-on trade.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter

LATEST VIDEOS

Latest Issue
On the Cover:

Bonds on the Brink


Issue 101
May , 2016

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Bonds on the Brink
An interbank bond trading platform is reeling over a state-owned company’s debt crisis, prompting a regulatory review
Issue 101
05.01.2016

Subscribe       |       Newsletter        |        FAQ