Ups and downs of the global credit crunch

Here’s a handy summary of how the consequences of the credit crunch have differed around the world. Simply: US and Europe down, Asia up, South America and Africa up. Irrespective of the ups and downs you should still differentiate between players in each market and understand how changing conditions are affecting them.

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And here’s the latest OECD release of Composite Leading Indicators reinforcing the data on an OECD downturn, while resilience is evident in China and Brazil.