NEW! Aviva Investors House View
Aviva Investors senior economist for the Uk and Europe, Stewart Robinson, discusses their views on markets compared with consensus forecasts in the Market Edge - House View Q3 2014. This is the first of regular quarterly analyses of their House View.
Despite weak US growth in the first quarter of 2014 and several geopolitical tensions facing markets, Stewart is upbeat on prospects for the global economy. He is particularly positive on the outlook for the US and Japanese economies in the developed world. However, he fears interest rates in the euro zone may remain lower for longer than the market expects. Indeed, many seem to underestimate the deflationary pressures facing the currency bloc and the likelihood the European Central Bank (ECB) will join many other central banks with an asset-purchase programme.
You can read the full MARKET EDGE - HOUSE VIEW here
|
