2012 turned out to be a good year. The euro did not break up, the US did not have a double-dip recession, China did not land hard, Australia didn’t do anything too bad and the world did not end on 21 December. Rather, the global economy continued to grow and investor returns were strong. Despite the best efforts of some US politicians to go over the fiscal cliff on 1 January, they didn’t in the end. This year has started off well and I think it will end well too. As I did a year ago, I thought it would be useful to provide a summary of key views on the economic and investment outlook in simple point form. In other words, a list of lists.