The US market has been correcting of late and there have been huge earnings disappointment. Gerard Lyons of Standard Chartered Bank believes the weak US earnings are a reflection of its underlying economy. Although, the economy is recovering, it is going to be a gradual process, added Lyons.
The global markets are now entering a more challenging environment, says Gerard Lyons, Standard Chartered. "I think global equities will have a different end, in my view, to this calendar year," he adds.
Gerard Lyons of Standard Chartered told CNBC-TV18 that though global markets are not expecting a rate cut, but there is a possibility of the ECB doing it. In addition to that, a bond buying program may also be announced, he said.
Emerging giants India and China are leading the global economy on a '32-62-72' growth path, Standard Chartered Bank's Chief Economist has said -- using the numeric phrase for evolving economic size of the world.
In the past quarter a clutch of leading brokerages and experts have argued that the commodities bull run that began in 1999 has peaked. Data from the past year is supportive.
Gerard Lyons, Standard Chartered says, global equities will have a positive performance in the near-term. "Equity markets may move 5-10% in the next two-three months. This could be a good quarter for global equities," he adds.
International markets where spooked by a sudden change in stance by Greece's PM calling for a referendum to discuss the bail out package. Calling it an 'unexpected' development, economics Gerard Lyons of Standard Chartered said, the upcoming G20 Summit meet now becomes very crucial given the fragile state of the world economy.
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.
Gerard Lyons, chief economist and head of global research, Standard Chartered, in an interview with CNBC-TV18’s Soniya Shenoy, gave his views on how the global market situation will pan out further.
It's been a week of extra ordinary 10 days of news developments and market movement. In an interview on CNBC-TV18, Ken Goldstein, Economist, Conference Board and Gerard Lyons, global head of Strategy and Economics talk about what this portends for the near-term at least in the US.
As the Indian markets this week too were domination by the global trends, despite the industrial output data for May and inflation numbers for June coming in on the home front, Gerard Lyons, economist at Standard Chartered Bank holds that RBI needs to "set a monetary policy that suits best to the domestic needs."
According to Gerard Lyons of Standard Chartered, markets are behaving in an irrational manner, trying to pull more countries into the debt spiral. The underlying problem lies in Greece, Portugal, Ireland and Spain to a certain extent.
While many economists are looking at a lower Indian growth trajectory, Gerard Lyons Chief Economist and Group Head of Global Research at Standard Chartered Bank tells CNBC-TV18, why he believes that our growth will be on an average at 8.5% for the next 20 years up until 2030.
Gerard Lyons, Chief Economist and group head of global research at Standard Chartered Bank, in an interview on CNBC-TV18 speaks about the turmoil in West Asia and where Asian markets, including, India are headed on the back of the crisis.
Gerard Lyons, Standard Chartered Lyons thinks that the RBI is not only right to tighten, but needs to do some more in terms of tightening.
