EFTA Document EFTA01475132

Deutsche Asset & Wealth Management Americas Edition October 2015 CIO View Global economic landscape Coping with emerging-market tremors EFTA01475132 Nine positions Focus The big picture Investment traffic lights Asset-class perspectives Portfolio High-conviction ideas Nine positions Our key forecasts Pace of global economic growth is likely to slow down for a while. Emerging markets' (EM) growth advantage has been eroded. Commodity-exporting countries hurt by low commodity