KENT POINTED TO VAR­I­OUS FAC­TORS KEEP­ING GLOBAL IN­FLA­TION AT BAY.

Finweek English Edition - - FUND FOCUS -

THESE IN­CLUDE:

Sub­dued re­tail sales in the US and Europe; wage in­creases haven’t been great; and gas prices are down by a con­sid­er­able mar­gin.

China’s stalling econ­omy; pro­duc­tion over­ca­pac­ity; fix­ing of the cur­rency; and con­se­quent declines in global com­mod­ity prices.

Emerg­ing mar­kets such as Brazil, Tur­key and Rus­sia hav­ing had their backs to the wall.

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