Buy equities, EMs on a five-year view: BMO
BMO's funds arm will release its five-year outlook today, in which it sees China, India and Japan helping drive a worldwide economic recovery, despite a huge increase in global debt since 2008.
On a five-year view, economic growth in China, India and Japan will contribute significantly to steadily improving performance in international stock markets, despite a big rise in global debt since 2008, according to BMO Global Asset Management.
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