inPerspective
January 2009
Welcome to the second edition of inPerspective, Newton's newsletter for the UK institutional market.
Extreme uncertainty continues to pervade the investment landscape. Conditions in credit markets, whose dysfunction has been the greatest cause of investors' anxiety over the last year and a half, have stabilised, but they remain harsh. The effects of a deteriorating economic environment and the seemingly incomplete process of deleveraging in the global financial system seem certain to cause continued volatility in financial markets during the year ahead.
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