Monday, November 29, 2010

Citi Predictions for 2011

'Tis the season. Next week we'll do a recap of various 2010 prognostications and their accuracy.
In the meantime here's a running start on '11 via Barron's Stocks to Watch Today blog, I'll see if I can dig up the whole thing tonight:
A preview of a report by Citigroup (C) slated to be released later today has the firm predicting that the Federal Reserve, Bank of Japan and European Central Bank will all hold rates steady in 2011.

Citi says it expects the global economy to expand by 3.4% in 2011, and then accelerate to 3.8% in the year after. Much of this growth will be led by developing markets, especially Asia....