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World economy - fragil, but on course

12 ottobre 2015

Overall our tactical asset allocation for Q4 sees world economy increasingly fragile but should stay on course – China turmoil and emerging market weakness are actually more significant than geopolitics. The inflation potential is mitigated by overcapacity, high debts and low commodities prices. More insight into our currently marekt view can be found in the complete Asset Allocation Strategy.


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