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Economic Outlook for 2008, presented on February 5th
On Tuesday 5th February, Colliers CRE held its annual Economist Breakfast Briefing at the Wallace Collection with Anatole Kaletsky, the internationally renowned economist, as guest speaker.
Kaletsky spoke of the outlook for the US, Europe and the UK in the medium term. This is a summary of his presentation.
• The US is currently facing a mid-cycle slowdown rather than a full-blown recession.
• One way or another, the credit crunch is likely to end within the next month.
• The world economy has benefited from four ‘economic mega-trends’ in the past two decades.
• Slow responses to the slowdown by European and UK Governments and Central Banks pose a threat.
• The UK and Europe are vulnerable to a marked slowdown, which may be exacerbated by a US recession.
See the presentation or read the key points of Anatole Kaletsky's presentation and our own forecast for the property sector in the briefing paper for more information.
Last years presentation
Economic Outlook for 2007 , presented on March 9th
At Colliers CRE we are forecasting All-property total returns of 7.3% for 2007 with income return of 4.8%. If we are right this will be the first time income return exceeds capital growth since 2003.
Anatole Kaletsky, internationally renowned economist, believes the UK economy is well placed to see further growth. Mr Kaletsky presented his views on the global, US, eurozone and UK economies at our annual economist breakfast on Friday 9 March.
Watch the presentation or listen to the podcast to find out Anatole Kaletsky's economic forecasts for 2007.
Read the the key points of Anatole Kaletsky's presentation and our own forecast for the property sector in this briefing paper.
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