Economic Updates

Vanguard Quarterly Economic Updates

Here you will be able to find the market updates published by Vanguard an index manager and highly regarded research team.

• Economic and Market Update Q3.2011
  
  "The turmoil in financial markets caused by the ongoing European debt crisis was compounded by the US debt-ceiling debate. The bitter disagreements and policy gridlock around the US debt-ceiling discussion led to a downgrade of US long term debt by Standard and Poor's............"
  
  
• Economic and Market Update Q4.2011
  
  "The eurozone sovereign debt issues continued to dominate financial markets and economies during the fourth quarter of 2011. Economic data suggests the eurozone is heading into a recession in 2012 following softer growth particularly in the major European economies of Germany and France. The US has seen some strength in GDP growth but there is concern that this has come at the expense of savings, which is unsustainable, and also as a result of a falling unemployment rate due to the 'discouraged worker effect'............."
  
  

Colonial First State Economic Updates

• Monthly Market View - December 2011
  
  "The EU leaders announced two major initiatives to help stabilise EU sovereign debt markets; a new 'fiscal compact' and measures to enhance the European Financial Stability Facility (EFSF) and European Stability Mechanism (ESM). The 'fiscal compact' aims to strengthen the fiscal and governance regime surrounding the euro area and imposes a new fiscal rule on Member States. "