From the December/January 2012 issue of Treasury & Risk magazine

Economic Outlook: A Slough Ahead

Three economists examine the European crisis, job gains and the housing market.

The European debt crisis poses the latest threat to the economic recovery, and Christopher Probyn of State Street Global Advisors says the European Central Bank’s willingness to buy sovereign bonds may be the key to whether the common currency survives. In the U.S., jobs growth has been slow, and Milton Ezrati of Lord Abbett sees only a modest pickup this year. But Chris Rupkey of Bank of Tokyo-Mitsubishi argues U.S. growth could get a boost as the housing sector starts to make a comeback.

Eurozone Future Is on the Line

Payroll Gains Still Stall

Milton Ezrati
Senior Economist and Market Strategist
Lord Abbett & Co.

Nearing a Housing Recovery?

Chris Rupkey
Chief Financial Economist
Bank of Tokyo-Mitsubishi UFJ

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