By  on January 4, 2013

Cheer up — it’s a new day and the beginning of a new year. What could possibly go wrong?

For pessimists who view the glass as half empty, plenty. A United Nations report published last month called “World Economic Situation and Prospects 2013” said growth in the euro area is predicted to average a 0.3 percent rise this year versus 2012’s 0.5 percent contraction. In the U.S., economic growth is expected to decelerate to 1.7 percent this year from an anemic 2.1 percent growth rate in 2012.

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