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Fasten your seat belts, but there is no need to panic

A quantitative modelling scenario points to a better year in 2016 for firms and investors, both in terms of currency stabilisation and overall economic activity.

The largest uncertainty comes from a perception of financial hypertrophy leading to unsustainable asset valuations and repricing of critical asset markets.

CHRISTMAS and New Year celebrations seem already very far away. With world luminaries competing on pessimism in Davos, markets on a rollercoaster and the feeling of acute uncertainty about political and economic developments in the air, cataclysmic scenarios are becoming fashionable. But they