For investors hoping that global markets can bounce back from their weak start to 2016, RBS analyst Andrew Roberts has some bad news. In a new report, Roberts says that that things will get much worse from here and urges investors to “sell (almost) everything.”
Here’s a breakdown of Roberts’ themes for the investment world in 2016.
- Bearish China
- Bearish commodities
- Downside in oil to $16/bbl
- Lackluster global growth/widening of global output gap
- Global currency wars
- Most emerging markets (other than India and Eastern Europe) will underperform
- Automation will…
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