Japan and eurozone feeling the pain
The structural forces of ageing populations, increasing debt levels, the abundance of capital and competition, and a move to protectionism by many countries creates a backdrop of low growth.
In the second part of this special Big Question feature, investors and managers explain their portfolio positioning during a tough start to the year.
Reduces US dollar exposure
Conditions may worsen
Markets across the world respond well to 0.25% increase
Following first US rate hike since 2006