Regardless of the exact contours of the final fiscal cliff deal that is struck, fiscal drag will constrain US growth during 2013.

Limp growth in major economies has forced central bankers to pursue unconventional forms of easing as they face the zero lower-bound constraint.

Growth disappointed across most regions through the mid-point of 2012.

East Asia and Australia are bucking broader weakness prevailing throughout the major economic actors in the global economy.

Europe is finding it increasingly hard to extricate itself from its debt crisis and poor growth performance.

Sentiment about the US economy is improving as concerns about the European economy grow larger.

The Chinese economy will experience a soft landing during the year ahead while US growth should accelerate.

Europe is headed towards a new recession as US and Japanese growth stabilizes in positive, if uninspiring, territory.

The US will avoid a new recession, but Europe will not be so lucky.

Uncertainty is running rampant across almost every region of the world during the third quarter.

The US, China, and Japan are growing swiftly while turbulence emerges in Europe.

Government policies are increasing the risk level across most major economies.

Lull in US growth should prove temporary.

Fiscal policy concerns are dominating the discussion in the US and Europe.

Inflation concerns arise in China as oil price risks bubble up throughout the world because of the Arab Spring.