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Hi,

Can you please correct the following text for any grammatical/punctuation errors?

Royal Bank of today issued a bearish outlook for global stock and credit markets. RBS expect S&P 500, a proxy for global equities, to drop by almost 25% from the current levels, and credit spreads – reflecting risk aversion of debt investors- to widen significantly during the next three months. The main factors behind this bleak view are the worsening credit crisis that is plaguing the global economy, and the rising risk of inflation.

The spike in oil and food prices is driving inflation up across the global economy, which has already been going down the road of recession thanks to the credit contagion spreading across developed and emerging markets. Further worsening the situation is the fact that the central bank is helpless in this situation as its favorite tool to stimulate the economy – reducing interest rates- can not work this time around as that risks fueling further inflation.

Thanks,

MG.
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MusicgoldHi Mucisgold
I am not sure if this helps:
Royal Bank of Scotland today issued a bearish outlook for global stock and credit markets. RBS expect S&P 500, a proxy for global equities, to drop by almost 25% from the current levels, and credit spreads –which reflects risk aversion of debt investors- to widen significantly during the next three months. The main factors behind this bleak view are the worsening credit crisis that is plaguing the global economy, and the rising risk of inflation.

The spike in oil and food prices is driving inflation up across the global economy, (not needed) which in turn has already spawned been going down the road of recessions, thanks to the credit contagion spreading across developed and emerging markets. The further worsening of the situation is due to the fact that The Central Bank has been is helpless in this situation as its favorite tool to stimulate the economy,(comma) which is to reduce the reducing interest rates- has failed to can not work this time around as that may likely risks fueling further fan inflation.

Thanks,

MG.

Goodman,

Thanks a lot.

The spike in oil and food prices is driving inflation up across the global economy, (not needed) which in turn has already spawned been going down the road of recessions, thanks to the credit contagion spreading across developed and emerging markets.

Here I want to convey that the global economy, which is already going through a recession like situation, is further hammered by the growing inflation. It is a double whammy for the economy.