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:

Lost in an African Maze

How a slick businessman and an offshore project in Angola led the oil giant Sinopec astray


Issue 93
September, 2015

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Lost in an African Maze
How a slick businessman and an offshore project in Angola led the oil giant Sinopec astray
Issue 93
09.01.2015

Subscribe       |       Newsletter        |        FAQ