At HSBC’s global investment seminar in New York last week, some of the top strategists from Europe’s largest bank laid out their outlook for global markets and economies.
Many strategists are not expecting the current recovery from the financial crisis to be as impressive as what has come before, while some investors aren’t expecting double-digit returns in the near term.
Additionally, strategists are losing faith that the Federal Reserve will actually raise interest rates anytime soon.
Read Here – Business Insider