The world has evolved into a two speed economy

December 31st, 2010|by Michael Ashley Schulman, Perspectives, The Big Picture|

The world has evolved into a two speed economy. On one side is the G7, stymied by the financial crisis, deleveraging and disinflation, slowly clawing its way back to trend growth and requiring additional policy action and stimulus. On the other are the Emerging Markets, enjoying a robust recovery, rising asset prices, accelerating business activity […]