After a disastrous 2011, linked to European and US Sovereign debt crisis, markets have struggled despite monetary & fiscal policy stimulus in both sides of the Atlantic.
Due to the Financial Crisis in 2007/2008, equity markets have become more volatile, less predictable, and without upward or downward tendencies – side way markets.
Even though world economies have succeeded in getting rid of a global deep recession, in the meantime, such economies could not escape the unemployment rate ghost.