HwangDBS: Volatility will continue in 2012
Global Overview The market will continue to be challenging and it is tough to make a judgment call at this juncture. News and headlines rather than fundamentals will continue to drive markets and as such, volatility will continue into 2012 largely driven by the lack of clarity with regards to the Eurozone debt crisis, the US debt problem compounded by slowing growth in the US economy. There is no quick fix or immediate resolution to these issues as the problems plaguing developed economies are deep rooted fundamental issues such as mounting debt, low growth and high unemployment. In the case of the European Union, the fragmented economic and political governance of their common monetary union is working against them as leaders struggle to find an equitable solution to giving aid to highly indebted countries in the South of Europe such as Greece, Spain, Italy and Portugal, without overburdening financially stronger countries such as Germany and France. And for the US, their economy has...