Expect volatility as shocks arise from various sources
Xavier Baraton of HSBC Global Asset Management
In a world of slow yet steady, non-inflationary economic growth, interest rates are likely to remain at relatively low levels over the medium term.
With secular stagnation forces at play, we expect monetary policy prudence to prevail, but in the absence of further economic deterioration, any additional easing will now be minimal, removing a performance...
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