Stock markets will be volatile…until 2019: CEO

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

  1. Rainman

    Rainman Senior Investor

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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.

    http://www.cnbc.com/2015/10/15/stock-markets-will-be-volatileuntil-2019-ceo.html
    "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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