banner-inn-2
Global Market Review January 2013

Markets shrugged off a surprising drop in US GDP in Q4 and pushed many equity indices to their highest levels in 5 years. Although the GDP decline was a mere –0.1%, it was still rather unsettling. There has only been one occasion over the last 50 years (in 1977) when a single negative GDP growth reading did not presage a full-blown recession (defined as 2 consecutive quarters of negative GDP).

Click here for full Global Market Review
 

CFAL, Third Floor, 308 East Bay Street, P.O.Box: CB 12407, Nassau, New Providence, The Bahamas. Tel: 242-502-7010

social-facebook-box-blue-icon