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Looking ahead

Here are top 10 predictions for what may happen in 2016.

END OF THE RUN US: stock markets have had a stellar run since mid-2009, helped by the Fed's quantitative easing, but this is expected to come to an end in 2016.

1. World growth steady but sluggish

World growth has been stuck in a sluggish phase since 2011, and we expect this to continue in 2016. Growth prospects for 2016 have deteriorated during 2015, in particular due to poor performances in key emerging markets (EMs). The