Gerard Lyons, global head of strategy and economics at Standard Chartered, in an interview to CNBC-TV18, gave his views on how the global markets will perform going forward.
Lyons said that the global equity market is in a bear phase and there is a major downside risk in global equities. However, he feels that emerging markets like India are likely to outperform developed markets as there will be renewed flows into emerging markets in the next year.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!