The Year to Date

Author
John H. Makin
Content Type
Policy Brief
Institution
American Enterprise Institute for Public Policy Research
Abstract
The array of postbubble stresses and uncertainties identified in the January 2010 Economic Outlook (“The Year Ahead”) promised that the new year would see plenty of volatility in markets. That is exactly what is playing out as we move through the first quarter. As risks accumulate, it may be that 2010 is shaping up as a mirror image of 2009, reversing last year's down-then-up pattern with an up-then-down pattern this year.
Topic
Economics, International Trade and Finance, Markets, Monetary Policy, Financial Crisis
Political Geography
United States, Japan, China, Europe