Skandia outlook

Skandia cautiously optimistic on global outlook

Europe and the US face a host of risks, including a possible return to recession, but Skandia is cautiously optimistic and reckons global economies will shake off recession during the next 12 months.

<div style="text-align: left;"> Old Mutual Place, Skandia's London offices </div>

Ivan Zhang

September 20, 2011

Continuing instability in eurozone bond markets, coupled with a lack of improvement in US consumption data, has caused markets worldwide to remain volatile during the past few months.

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