Fa poll: global outlook

Global economy heading south, say readers

The global economy is getting worse, not better, according to our latest web poll.

Despite the best efforts of central bankers around the world, the consensus among our readers is that the global economy is getting worse.

That seems a good call given the fall in global stock markets yesterday, after the World Bank cut its forecast for economic growth in China and fears about the eurozone intensified. Corporate earnings season is also due to start in the US this week, with expectations set to low after profit warnings from companies including FedEx and Hewlett-Packard, led mostly by weakness in Europe.

A surprisingly good jobs report in the US last week provoked a brief outbreak of optimism. Indeed, the numbers...

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