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An interview with Colin Graham, CFA - chief investment officer, head of tactical asset allocation and research with the Multi Asset Solutions team at BNP Paribas Investment Partners.
The context
What are the main points you’d emphasise regarding the macroeconomic outlook going into 2015?
There are two main points I think that will be important. Firstly, the economic environment should look more constructive. The lower oil price and stronger dollar should perk up US consumers. Stronger US demand and more favourable exchange rates should, in turn, boost exporters in the rest of the world. As a result, business activity in cyclical areas of the global economy should improve, boosting overall global economic growth. Inflationary...
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