A selection of key calls for 2015 and beyond

We expect 2015 to be another year of large divergences in the performances of the advanced economies, with the US and the UK leading the pack and the euro-zone and Japan continuing to struggle. But diverging policy responses could reverse the rankings when it comes to the markets, as further easing from the ECB and the Bank of Japan provides at least some support to local equities and keeps bond yields low.

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