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The unpredictable will shape 2016, but all eyes will be on the US

First published: The Times, 2/01/2016

The year-ahead economic outlook tends to invite hostages to fortune or obfuscation. It always reminds me of Alan Greenspan’s now famous quip to a politician in congressional testimony in 1987: “Senator, since I’ve become a central banker, I have learnt to mumble with great incoherence. If I seem unduly clear to you, you must have misunderstood what I said.”

So, with that said, what do the economic contours of 2016 look like?….Read more: