This week’s Blackrock Weekly Commentary expects the US economy to muddle through this next year, but still places decent odds of improvement in economic growth. Much of the volatility and fear is being centered on the European debt crisis. This crisis, much like the US in 2008, has put the European Banking system in danger of default. There have been increased efforts by the ECB and policymakers to solve this issue. Improvements in US payrolls and consumer spending levels will be crucial to economic growth.
Click here to read the full report from BlackRock.