DSP Investment Managers expects the slowdown in economic to hit the market in the near future even though the long-erm growth potential of the country looks bright.
At present, while central banks are prioritising inflation over growth at the moment, there are signs that inflationary pressure may be decreasing, said the fund manager. The market might not be considering the possibility of a slowdown in growth enough, and this could lead to further downward revisions in the near future, it said.