Saxo Bank’s Nick Beecroft presents the 2011 outlook as an audiocast to FXWeek. Highlights discussed include:
- Major economies to maintain recovery, but slow down
- Still too much debt in the ’system’
- Recovery is stimulus-induced and deleveraging continues
- The developed world has ’kicked the can down the road’ and is treating a drug-addict with more drugs
- The U.S. dollar is bound for a comeback
Listen to the audiocast and the presentation here.
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