Fitch's group managing director of sovereign and supranational ratings discussed his outlook for Europe and the United States in an interview with BNN's Business Day.
The S&P 500 could drop by as much as 20%, the euro will fail, and the United States is in permanent decline, he argued.
Audience polling conducted at last week's 64th CFA Institute Annual Conference casts a spotlight on the investment risks that are top of mind for global investment professionals.
"Investors can no longer say that if you can’t quantify it, it doesn’t matter," says the president and founder of Canonbury Group and Principalis Asset Management.