With 2011's wild ride behind us let's look forward to a smoother road ahead in 2012. Even though there are some positive signs for economic recovery, we cannot ignore the possible troubles. The global economy seems to be in a state where the prospects are at best a slow growth. Furthermore, there are multitude of uncertainties including major political elections in China, Russia, France, and the U.S. Add to that some potential black swans, from the possibility of a sovereign insolvency and eurozone split to the resurgence of domestic subprime mortgage debacle. I'm not one for doom and gloom scenarios, just being aware of the realities and possibilities..... read more.
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