Analysts from leading independent research group Ned Davis Research look at the prospects for financial markets and the global economy in 2012 and beyond, and shine a light on the distressed US fiscal situation which has been overlooked during the eurozone crisis
One of the biggest drivers of global growth is demographics. These should continue to push emerging economies forward over the coming years, while weighing heavily on the public finances of already stressed developed government finances
The US is part of an elite of highly indebted developed nations. Bond vigilantes have attacked some of the eurozone states but have largely ignored the US. As the eurozone sovereign debt crisis resolves itself, the US fiscal position will attract more scrutiny.