What’s ahead for our economy in 2016?
The Straits Times produced a great infographic showing how the global economy played out in 2015.
As always there were many things that weren’t anticipated 12 months ago and we’re likely to say the same in 12 months time.
A slowing China and general oversupply has led to slumping commodity prices.
Oil has been hammered down to its lowest price since 2003.
Copper is trading at $2/lb, which is comparable to its price during the Financial Crisis.
These low input prices, in theory, are great for consumers and manufacturers. In reality, however, they usually mean that economic growth is going to slow down.
Check out this infogrphic to remind yourself of the year just gone
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