Credit Agricole Suisse

Paul Wetterwald is the chief economist of Crédit Agricole Suisse, and was chief investment officer of Crédit Lyonnais Suisse from 1991 to 2005. Carine Hermon is head of private equity investor relations for Crédit Agricole Suisse. Executive sat with them to gain their perspective on developments in the global market.  E   How can we make sense of the macroeconomic situation in the world today? PW: I think that there are two points, one of which is that global growth is staying more or less at the same level, which is positive growth but at a lower level than before the big crisis of 2008. Now, we have various regional situations. Europe is back into positive territory in terms of growth but it’s lagging. We don’t have a figure but maybe we’ll have a weak figure. But what we expect is to still have low positive growth for next year