"We're going to be in an environment for the foreseeable future with extremely low growth, with low interest rates and …"
- Lucy MacDonald, the chief investment officer for global equities at RCM Ltd.
Swiss stocks retreated on Friday. The Swiss blue-chip index SMI, a measure of the largest and most actively traded companies, erased 0.10%, or 5.72 points, to 6,012.19. The broader Swiss Performance Index fell 0.17%, or 9.26 points, to 5,594.09.
"We're going to be in an environment for the foreseeable future with extremely low growth, with low interest rates and a lot of politically driven volatility," said Lucy MacDonald, the chief investment officer for global equities at RCM Ltd.
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