Schroders - Economic and Strategy Viewpoint

Schroders thinks that the world economy on track for modest recovery as monetary stimulus feeds through and fiscal headwinds fade in 2014. Inflation to remain well contained. US to rebound in q2 after weather related dip in q1. Schroders expects UK recovery to be sustained by robust housing and consumer demand. Also, Eurozone recovery becomes more established as fiscal austerity and credit conditions ease in 2014 but US still leading Japan and Europe (excluding UK). According to Schroders, tighter US monetary policy weighs on emerging economies.