Richard Gibbs, Global Head, Macquarie Securities has expressed his honest opinion on the global markets in the coming six months and his views on threats and positive factors facing the Indian stock market are as appended below:
It is going to be a volatile first six months of 2012. No question it has been a solid start to the year and not withstanding what the World Bank has highlighted in terms of the risk and the International Monetary Fund, the global environment itself looks somewhat more stable than it did towards the end of last year. Certainly, recovery in the United States economy appears to be proceeding quite nicely and in China, it does look more likely that we are going to have a very soft landing and a much managed moderation in growth.
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