Kris Sookdeo
Analyst II (Research)
[email protected]
Subira Toppin
Analyst II (Research)
[email protected]
Developed Markets
The global economy was highly reactive to the developments in
the US, particularly the partial shutdown of the government. A
temporary solution was finally arrived at on 17 October with
the new bill allowing the US federal government to continue
meeting its obligations until 15 January 2014, while extending the
debt limit to February 2014. This is likely to create some further
volatility in early 2014.
United States
Economic & Fixed
Income Review & Outlook
Economic recovery in the United States continued during
the second and third quarters of 2013, registering quarterly
growth of 2.5% and 2.8% respectively (growth in the
first quarter, initially reported at 2.5%, was subsequently
revised downwards t