You can measure much by a country's GDP and the latest Centre for Economics and Business Research's (Cebr) World Economic League Table reveals some interesting rises and falls amongst the world's richest countries.
Joanna Faith asks industry experts what they think the next 12 months has in store for the global macro picture.
Jason Hepner, investment director for global strategy at Standard Life Investments, looks at whether your clients could benefit from investing in this diverse region
With more companies open to the idea of paying dividends, Elliot Farley, co-manager of the T. Bailey Growth fund, says emerging markets are no longer just about capital growth.
Lee Robertson, CEO of wealth management firm Investment Quorum, explains why he is still positive on equity markets despite negative sentiment.
Peter Walls, manager of the Unicorn Mastertrust fund, offers his advice on which asset classes are best suited for newly-launched Junior ISAs.
Justin Onuekwusi, multi-asset fund manager at Aviva Investors, says high yield bonds and equities may well reward investors looking to gradually increase risk.
The UK economy grew by 0.5% in the third quarter, the Office for National Statistics confirmed today in its second official estimate.
3.10pm: US markets have shrugged off poor third-quarter GDP results with trading muted early in the session.
US GDP was revised down from 2.5% to 2% in the third quarter, the Commerce Department said today.