Lack of individual company growth
Since the collapse of Lehman Brothers in 2008, the developed world has roughly injected an astonishing $12trn trying to stimulate growth.
As far as markets go, the outcome of the EU referendum has the potential to be far more seismic than polls before them, and one that could see stocks rallying or reeling.
The outlook for the UK economy and equity markets is difficult to fathom. There are plenty of rays of sunshine, but also some ominous-looking clouds, writes Rathbones' Julian Chillingworth.
The FTSE All-Share index is off some 18% from its high in April 2015 at the time of writing, yet having called the top of the market successfully the key question to answer is when do we want to start to invest our high levels of cash?
Julie Dean, fund manager at Sanditon Asset Management, takes a closer look at the performance of the banking sector in 2016.
UK indices have been caught in the eye of the storm and are down more than 8% since the start of the year at the time of writing.