The document discusses the global economic outlook for 2016, highlighting potential market turbulence due to changing ECB and BoJ policies, and the risks associated with Fed normalization. It outlines both downside risks, such as a negative market response and a slowdown in China, and upside potentials, like a recovery in productivity growth. The document also presents a baseline forecast for the global economy and financial markets, with a focus on 2016 and a preview of 2017.
documents/vol00010-efta01458951-pdf.pdf
{"title":"World Outlook 2016: Managing with less liquidity","document_date":"2015-12-08","document_type":"other","key_locations":["London"],"key_organizations":["Deutsche Bank AG"],"reference_numbers":["DB-SDNY-0119112","SDNY_GM_00265296","EFTA01458951"]}