China has a bigger credit crisis than its last one, leading to drops in commodity prices, and
further global deflation.
Not exact matches
If so, this will transmit an a
further deflationary shock through the
global system, catching the West sleeping with its defences against
deflation already run down.
Morgan Stanley Wealth Management's
Global Investment Committee (GIC), a group of seasoned investment professionals with whom I meet regularly to review the economic and political environment and asset allocation models for Wealth Management clients, believes
deflation fears have gone too
far and have become too embedded in both investor psyches and market structures.
Gyrating stock values, slumping oil prices, turmoil in foreign currency markets, predictions of slow growth or even
deflation abroad... Suddenly, the outlook for the
global economy and financial markets looks
far different — and much dicier — than just a few months ago.