It looks already as if 2016 will be a pivotal year for the world economy. RBS has advised investors to “sell everything except for high-quality bonds” as turmoil has returned to stock markets. The Dow Jones and S&Pindices have fallen by more than 6% since the start of the year, which is the worst ever yearly start. There is a […]
Anton Muscatelli is Principal and Vice Chancellor at the University of Glasgow. Professor Muscatelli has been a consultant to the World Bank and the European Commission, and was a member of the Panel of Economic Advisers of the Secretary of State for Scotland from 1998 to 2000.