It wasn't all bad luck for the capital markets this week: Hedge funds had a decent first quarter despite a slowdown in jobs numbers, BlackRock might be heading into new territory as hedge fund managers take a hard look at their counterparties, and the head of the IMF didn't pull any punches when assessing today's global economy. At least we can admire the nice weather and some of the best quotes of the week.
April 13, 2012
3. Don't Sugarcoat It - Just Tell Us
Instable.
— Managing director of the International Monetary Fund Christine Lagarde, when asked to describe the state of the world's economy in one word.
Source: Wall Street Journal
