Service sector slowdown points to UK economic stagnation
The Markit/CIPS PMI survey data for August shows the services sector falling by near record levels.
The Markit/CIPS PMI survey data for August shows the services sector falling by near record levels.
European governments have signed off on a 700bn bailout fund that will not kick in until 2013.
George Buckley looks at industrial and construction output figures to asses their impact on Q2 GDP.
Mervyn King has suggested that inflation will hit 5% by the end of ths year before falling in 2012.
The National Institute of Economic and Social Research believes global growth is waning.
More fund houses are starting to play on the link between GDP growth and equity markets.
The BCC says UK interest rates will rise “at a faster rate than previously envisaged”.
Bob Doll gives a non-recessionary outlook for the US with equity opportunities on cheap valuations.
Todays low UK growth figures are partially a consequence of QE not working as intended.
Q2 GDP figures were abysmally low but ‘base effect’ means that H2 could show signs of improvement.
The OECDs gross domestic product slowed to 0.2% in Q2 2011, down from 0.3% in the previous quarter.
Despite weak economic forecasts and market volatility there are opportunities out there.