We do not think the global recovery will be derailed by tighter US monetary policy during the comingtwo years. This is because the Fed is unlikely to raise rates aggressively, other central banks are...

Growth in emerging economies has slowed significantly during the past few years and prospects forthe near future are not much better. Nonetheless, our latest forecasts suggest that emerging...

Six years after the financial crisis, the world is slowly returning to more “normal” conditions which should support a gradual pick-up in growth. However, the legacy of the crisis will hamper the...

The US stock market has tended to fare quite well during previous Fed tightening cycles. Although we think its performance in the next cycle will be below average, we still expect it to creep higher.