Trichet navigates choppy waters
The European Central Bank’s president is one of the few to emerge from 2007’s credit crisis with his reputation enhanced, writes Ralph Atkins
Year in review 2007
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With turmoil in capital markets our correspondents look back on a memorable year for the FT and ahead to 2008 as the economy tightens and the US elects a new president
The year in pictures
In a year dominated by economic turmoil, the credit squeeze and the growing concern over climate change served as sober reminders of global interdependence, writes Lionel Barber
Comment: President Clinton, Google grows, $100 oil, but no US recession
The FT’s crack corps of pundits read the runes of politics, economics, business and world affairs for the year ahead
Gideon Rachman: Five events that define 2007
War in Iraq, Russia resurgent, China on the rise, turmoil in Pakistan and the credit crunch – the theme that links the most significant world events of the past year is the growing strain on the world’s sole superpower, writes Gideon Rachman
Related content and features
Person of the Year
Video: Jean-Claude Trichet
Jean-Claude Trichet, president of the European Central Bank and the FT’s person of the year 2007, shares his views on the financial turmoil
Interactive
Slideshow: the year in review
From the subprime crisis to the credit squeeze, from bailouts by sovereign wealth funds to rising energy and food prices, 2007 was a tumultuous year in financial markets. FT.com reviews the key stories of the year
Video
What does 2008 have in store?
FT writers make their predictions for 2008 on the outcome of the US election, the future of Iraq, London’s new mayor and the chances of a bear market
The Short Review
John Authers looks at the trends that shaped markets in 2007 and looks forward to what next year might hold in store for investors
Markets outlook for 2008
Markets are rerunning old movies
Christmas is the season to watch reruns of old movies. But even before the holiday starts, financial markets are getting into this spirit
Uncertainty enshrined in Treasury volatility
The sense of uncertainty about what the credit squeeze entails for the broad economy is illustrated by the continued increase in the volatility of Treasury bond returns
Emerging markets face test of strength
Amid the credit turmoil the sector has had a spectacular showing. But the real test will come next year when conditions are expected to worsen
Years of foreboding followed by years of pain
After years of foreboding – sadly much of it outside the real estate industry – the US housing bubble finally burst in 2007
