Potential Perils

warningWhile 2016 should be marginally better than 2015, there are several serious downside risks. The first is more rapid slowing than expected in China, followed closely by the deteriorating American manufacturing sector which is now in recession. The third is fear of a wider conflagration in the Middle East, and the last is rising concern that Great Britain might actually exit the Eurozone and weaken the entire continent.

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