The outlook is contained in a 17-odd page document
These are the main points …
We expect U.S.-led reflation − rising nominal growth, wages and inflation − to accelerate, and see fiscal expansion gradually replacing monetary policy as an economic growth and market driver around the world. We discussed this, as well as the impact of technological change, the risk of a China credit bubble and the dynamics of investor risk appetite, at our semi-annual Outlook Forum. Our key views: