Christopher Caparelli, CFA
Managing Partner
On Monday, the IMF lowered its 2012 forecast for global growth to 3.5% down from an estimate of 3.6% made earlier this year. The growth forecast for 2013 was also lowered to 3.9% from 4.1% as growth around the world continues to stagnate. Emerging economies – a primary driver of future growth – have seen growth rates drop from 7.5% in 2010 to a projected 5.6% in 2012. The most notable member of the emerging economies, China, has begun to pursue expansionary monetary policy in hopes of reversing its slowing economic growth. Another significant headwind for global growth is the European Union, which is expected to be flat in 2012, as Spain, its third largest contributor, continues to be mired in a national debt crisis. In the U.S., growth is expected to remain well below trend as the economic recovery, now in its fourth year, struggles to gain momentum. Collectively, the struggles of these countries will make it difficult to achieve global growth north of 4% over the next few years.
The opinions expressed herein are those of Marquette Associates, Inc. (“Marquette”), and are subject to change without notice. This material is not financial advice or an offer to purchase or sell any product. Marquette reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs.
05.12.2025
As a result of policy uncertainty, shifting sentiment, and a potential U.S. economic slowdown, the dollar has moved lower in…
05.07.2025
The aging population in the United States has garnered increasing attention over the past two decades, coinciding with the retirement…
04.29.2025
This week’s chart shows two indices created by Morgan Stanley that seek to track the performance of companies with different…
04.23.2025
According to the most recent Bank of America Global Fund Manager Survey, gold has surged to the top of the…
04.17.2025
This video is a recording of a live webinar held April 16 by Marquette’s research team analyzing the first quarter…
04.17.2025
No, you are not seeing double. This very special edition of our chart of the week series comes with an…
Research alerts keep you updated on our latest research publications. Simply enter your contact information, choose the research alerts you would like to receive and click Subscribe. Alerts will be sent as research is published.
We respect your privacy. We will never share or sell your information.
If you have questions or need further information, please contact us directly and we will respond to your inquiry within 24 hours.
Contact Us >