This is a very long 2012 forecast from Jeffries. I almost didn't post it, as I don't want you to get bogged down. But they do have a lot of larger-country specific forecasts, which are the bulk of the document. If you are interested in a particular country, you might check the table of contents, on page 2. That being said, I find this useful as a way to home in on how the macro fits together in specific places.