Will next year see a continuation of steadily improving global growth or is a shock in store? Rebecca Jones asks six experts where they feel the risks lie.
Kerry Craig, global market strategist, J.P. Morgan Asset Management The second half of 2013 saw a build-up in economic momentum around the globe, and this should continue into 2014. In an environment of strengthening economies and better prospects for earnings growth, the biggest risk investors face is very much a political one, whether caused by policy error or by other political events. As the Federal Reserve starts to wind down its quantitative easing (QE) programme, the pace at which it scales back asset purchases will be key. Cutting too fast may result in a rapid rise in bond...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes