Positive outlook for 2001

By Ruth Alexander Credit Suisse First Boston is expecting a 40% slowdown in the US economy to have a knock-on effect on other countries and believes the possibility of a hard landing remains real. In its forecast for 2001, the investment bank said this year will be a fiscal turning point in the US and Europe as it moves from neutral to expansionary after a decade of tight fiscal policies. However, UK investment management groups are more positive on the outlook for the US and global markets. While Framlington believes global growth is likely to slow to around 3% from the 4% and above re...