Stock markets will be volatile…until 2019: CEO

Discussion in 'General Trading Discussion' started by Rainman, Oct 16, 2015.

  1. Rainman

    Rainman Senior Investor

    Jun 2014
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    The CEO of a UK insurance company is certain that China's woes will continue to cause some turbulence in the markets for the next three years or maybe longer.
    "I think we're going to get volatility until maybe 2019," [Wilson] told CNBC Thursday, adding that sentiment will only cool down after that extended period. It used to be that when the U.S. sneezed, the rest of the world caught a cold, then the same thing happened with China. My view is that the market will get immunity to that.

    Wilson said that it would be a period of "learning" for global investors as they deal with slowing growth in China, but he maintained that he was still a "bull" on the world's second largest economy.

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