Things to Be Nervous About in 2007

By Paul Kedrosky · Thursday, December 14, 2006 ·
The World Bank has out a lengthy new global economic outlook report filled with things to fret about in 2007. Here are just a few of 'em:
Whew, there is so much to worry about. On the other hand, and not to take anything from these serious issues, especially climate change, from a contrarian point of view all these worries are reassuring. After all, they're all known, and the market does climb a wall of worry, so 2007 could be a very good year indeed on the major markets as we ascend this particular Eiger.
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