GDP

Fidelity's Anthony Bolton is expecting a slowdown in inflation to boost equity markets in China next year, following a sell-off which has hurt performance in 2011.

Brazil's economic growth slowed in the third quarter of 2011 as the impact of the crisis in Europe and the slowdown in global growth impacted the region.

ON NORTH AMERICA

ON UK GROWTH

TRADE

Chancellor George Osborne has slashed his growth forecast for the next few years but says the UK is unlikely to slide into recession.

ON EMERGING MARKETS

The OECD has warned the UK is teetering on the edge of a double-dip recession, and has called for further quantitative easing to support the economy.

After several volatile months, risk assets rallied strongly in late October on the expectation the latest moves by European policymakers would produce the long-awaited ‘comprehensive solution' and stabilise the debt crisis.

Warren Buffett famously said in early 2002 ‘you only find out who is swimming naked when the tide goes out'.