March 2009 Investment Brief
Economic data in March continued to portray that the global economy was in deep recession, but there were hints that the rate of economic contraction was slowing in the US.
Global Outlook - While it looks like the global economy contracted at a rapid pace in the March quarter, the pace of contraction is expected to ease in the June quarter and by the second half economic activity should be stabilising. There are some faint signs that the massive policy initiatives are beginning to work, but we continue to expect that the global economy will remain weak for some time yet.
Read the full Investment Brief.