The recent sharp falls in financial markets have vindicated our bold expectations for equity markets and bond yields. While we are not minded significantly to redraw our forecasts at this point, there...

Today’s batch of purchasing managers’ surveys paints a very gloomy picture. Overall, the data are further evidence that the slowdown in global growth is both sharp and broad-based, and suggest not...

Global growth has slowed after a strong start to the year. This is partly due to the temporary effects of supply shocks, notably the surge in oil prices and the earthquake in Japan. But even as these...