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Developed markets into sustained expansion: BlackRock
Published Sun, Jul 30, 2017 · 09:50 PM
Singapore
DEVELOPED economies are cruising at slightly above trend rates since the Great Financial Crisis of 2009, helped by subdued financial market volatility, fading fears of deflation and fewer near-term political risks.
The low financial market volatility, characterised by recessions and financial crises, does not necessarily signal that markets are complacent.
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