V-shaped dynamics of US stocks in the first quarter - a consequence of the uncertainty of investors in the future - said Mohamed Erian, Allianz adviser and former strategist of PIMCO - on AMarkets materials.
GDP growth will be sustained in the developed capitalist and the developing world. Europe is going through tough times -. Greek crisis, the lack of a clear outcome on mitigation of the monetary policy, the differences between the political leaders, the probability of exit of Britain from the EU and Japan, etc. it is not easier. The economy of Japan is fighting for a miserable 1% growth with little hope for great success. Emerging economies also have a tough time. China's GDP growth will not exceed 6%. Last year it was 6.9%. Russia and Brazil will be another year of growth hard compression. In the next three years the development of the world economy can go two ways.
If anything does not come up with a policy (which policy to manage the economy to date) - the global world will be plunged into severe recession. Current "new normal" will take even tougher "Spartan" look. If a miracle happens and the politicians bring forth productive ideas - in the world economy will have a chance to use the current deceleration in their favor ... Ie effectively "steer" through innovation and technology designed to create added value wherever its man-it can not create. And of course, all of us come to expect the dominance of the robots. On the one hand - on the progress of useful background depletion of natural resources. On the other - many robots will be left without work.