Credit Suisse Research: Third Annual Global Wealth Report 2012- DOWNLOAD

The Credit Suisse Research Institute recently released its third annual Global Wealth Report 2012, which finds that from mid-2011 to mid-2012 aggregate global household wealth fell by 5.2% in current dollar terms to USD 223 trillion due to the economic uncertainties of the past year – particularly those affecting the Eurozone. Furthermore, the relative stability of the US economy has led to an appreciation of the USD against most currencies, but the impact is especially apparent in Europe, raising the aggregate wealth loss to USD 10.9 trn, by far the largest contribution to the total global loss of USD 12.3 trn. Asia-Pacific was the other big regional loser, shedding USD 1.4 trn.

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