Review of 2009 and Outlook for 2010
Review of 2009 2009 has been a year of uncertainty for economies internationally. While there is reason for some festive cheer due to the recovery seen in the capital markets and in most asset classes, there is also reason for caution.
Loose fiscal and monetary policies, quantitative easing and money creation on a scale not seen in living memory characterized 2009. This has led to concerns that there is now a new liquidity and ‘cheap money’ driven bubble in various asset classes including equities, commodi
