The US economy expanded by less than forecast at 2.8% in the fourth quarter of 2011, official figures have revealed.
Gilts are seeing prices fall and yields climb after the worse than feared decline in the UK economy was revealed this morning.
UK GDP for the fourth quarter of 2011 dropped by 0.2%, a worse than expected figure that will heighten fears of a double-dip recession.
Liz Evans, Asia-Pacific fund manager at Cavendish Asset Management, gives her views on what the Year of the Dragon has in store for equity investors.
We ask fund managers for their top stocks or sector picks for 2012.