November 2011: Kicking the Can


To date, 2011 has been marked by a series of highs and lows – both literally and figuratively. We are reminded that in our dynamic and ever-evolving world, there is no shortage of problems to solve. Just when the world thought it was emerging from recession and returning to a strong, sustainable growth trajectory, the United States debt downgrade and ongoing concerns in Europe caused a negative reaction in the equity markets in August and September. Growth will return; it is the solution to the global economic malaise – but it will take time.

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