GDP

Robin Geffen, CEO of Neptune Investment Management, has warned bond investors should be bracing themselves for severe losses when the interest rate cycle turns.

The Office for Budget Responsibility (OBR) has downgraded its outlook for the UK economy.

The US economy grew 2.7% in the third quarter of the year, a significant upwards revision from the first reading of the data.

UK GDP growth for the third quarter of 2012 has been confirmed at 1% by the Office for National Statistics in its second official reading.

The eurozone has officially entered recession, the latest GDP data shows, as growth in core economies was offset by a surprisingly weak figure from the Netherlands.

Tim Drayson, economist at Legal & General Investment Management, reviews the recent pledges of the world's largest central banks and their potential impact on the "great muddling through"

GOSLING'S GROUSE

I recently spoke at a dinner for pension fund investors where, ironically and amusingly, I was the warm-up act before the last presidential debate.

EUROPE

UK think-tank NIESR has revised down its growth forecast for the UK next year, despite a strong third quarter which has seen the economy emerge from recession.