Former BBC economics editor and now J.P. Morgan Asset Management's chief market strategist for the UK and Europe Stephanie Flanders give her run down of what investors can expect in the year ahead.
"We are changing in a positive direction", said Flanders, "more of the world is going into recovery mode than in the last few years." "Next year will not be stellar but it will be better." US "It's stunning how fast the US grew this year considering their active tightening and the government shutdown. But I don't think the US will take off next year." "On tapering, it is fifty-fifty whether we will get a decision on this next week." Europe "There are still a lot of questions around the Eurozone. I am worried about deflation and what that would do to the dynamic between the c...
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