In an interview on CNBC-TV18, Leif Eskesen of HSBC Global Research says a lot of global news has been negative in the last couple of months. Other than downside risk, he sees downward pressures on the growth potential building up in stagnating economies like the US and Eurozone countries.
The way global winds are blowing at the moment, he feels that a further slowdown is ahead in some of the bigger advanced economies.
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