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Market Perspective Summary

    Capital Markets Outlook Fall 4Q12

    Uncertainties Cloud Market Opportunities

    October 16, 2012

    It was an interesting third quarter for the global economy and capital markets. Despite some bumps and bruises, global economic growth continued: not every region is strong, but we see enough momentum to produce moderate growth in 2012 and next year. Meanwhile, even as investors continue to stare down a laundry list of macro concerns, capital markets managed to perform well, with most risk assets rallying. We still see plenty of opportunity around the world—the key is choosing the best strategy to capture it.

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