The world is moving rapidly from the model we have lived within for 25 years. The where, why and what...
LONG TERM OUTLOOK:
- Geopolitical events are increasingly pressuring global markets and will continue to do so for the remainder of 2015 and well into 2016.
- Middle East serves as locus for key uncertainty and chaos. We continue to believe the region is at risk of remaining in turmoil for 30+ years .
- We continue to see NAFTA nations as being seen as economic and political “safe havens” in large part to “Energy Renaissance.”
- China is going through intense political, economic and societal transformation — all of which could potentially overwhelm the chances of a successful outcome.
SHORT TERM (3-10 month) OUTLOOK:
- In the coming three to six months, three key events will likely happen and have a long term positive impact on markets:
> Approval and implementation of Iran nuclear negotiations > Congressional approval of Trans-Pacific Partnership (TPP) > USwill approve repeal ban on export of crude oil/natural gas
Deutsche Bank Francis J. Kelly Global Public Affairs francis.j.kelly@db.com 2
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