The US jobs data released last Friday was disappointing. While the reduction in the probability that interest rates rise in the US is being viewed positively, we are cautious. The world needs growth in the US to remain stable or accelerate. Unless that happens, the deflationary risks to the global economy rise dramatically. While we remain cautious on emerging markets we favour economies like China, where the government has a strong reform agenda. We believe investors with a more positive out
07 Oct 2015
Investment Funds - Idea – Bad news is ...bad news
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Investment Funds - Idea – Bad news is ...bad news
Fidelity China Special Situations PLC (FCSS:LON) | 200 4 1.0% | Mkt Cap: 1,052m
- Published:
07 Oct 2015 -
Author:
Saumya Banerjee -
Pages:
5
The US jobs data released last Friday was disappointing. While the reduction in the probability that interest rates rise in the US is being viewed positively, we are cautious. The world needs growth in the US to remain stable or accelerate. Unless that happens, the deflationary risks to the global economy rise dramatically. While we remain cautious on emerging markets we favour economies like China, where the government has a strong reform agenda. We believe investors with a more positive out