Volatility to be persistently higher as uncertainty rises
But Goldman Sachs Asset Management's head of international market strategy sees recovery in the global economy
During the first month of 2016, financial market volatility kicked up a gear as concerns over China's ability to transition its economy intensified and doubts surfaced over the US Federal Reserve's ability to normalise rates over the course of the year.
James Ashley, head of international market strategy at Goldman Sachs Asset Management (GSAM), says the market is moving into a persistently higher volatility environment, although a replay of the financial Armageddon of 2008 is unlikely to
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