BNY Mellon’s chief economist shares his prognosis for the months ahead. Cheer up (a little).
BNY Mellon chief economist Richard B. Hoey acknowledges that perils loom – from the US “fiscal cliff” to the euro’s lingering woes – but his prognosis is that the world’s economies will grow in 2013, though slowly. getAbstract recommends this lucid, expert economic snapshot.
In this summary, you will learn
- How the US can surmount its “fiscal cliff,”
- How emerging nations are faring in the wake of Europe’s dip and
- Why the euro and the euro zone will survive.
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