Your Money: Keep wealth instead of risking it

Marian McNamara of HSBC Private Bank Ireland gives her views on the coming year for the markets and the global economy.

22nd January, 2012

Unfortunately, 2012 has begun with a dismal outlook for the world economy, with slower growth and even full-blown recession on the cards for numerous economies for at the least the first half of the year.

The economic slowdown is compounded by political events on both sides of the Atlantic. This is making matters even worse than they might have been in the world's two largest economic blocs, the US and the eurozone.

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