What should investors expect in 2014? Heads we (sort of) win, tails we lose. Credit Suisse’s economists and analysts say that if economic activity is stronger than expected, returns won’t rise much. But if growth disappoints, they will certainly fall.
At Credit Suisse’s fourth annual Emerging Markets Leadership Forum, business leaders voiced many compelling opportunities for 2014. But when it came to identifying next year’s risks, they seem to agree: most of it will likely emanate from the Federal Reserve and other central banks.
Observers are still chewing over the implications of the sweeping reform package Chinese leaders laid out at the end of a major Communist Party gathering earlier this month. Here, we provide a rundown of four key areas of reform.