IMF reduces global growth projections further
“The global economy is in a dangerous new phase. Global activity has weakened and become more uneven, confidence has fallen sharply recently, and downside risks are growing,” the IMF said in its September 2011 World Economic Outlook.
The Global Financial Stability Report asks in Chapter 2 Long-Term Investors and Their Asset Allocation: Where Are They Now?
If this is not enough please visit the home page of the IMF and read their other publications.
These are challenging times for the world economy.