Credit Suisse’s Neelkanth Mishra urges caution, warns of high risk of accidents in global economy

“The likelihood of the PE multiple premium expansion and the PE multiples being meaningfully higher is quite low.. In our view, the 15-month long time correction that we have already seen and we have been expecting, which we wrote about in September last year, can run for another 9 to 12 months and I would stay cautious on the risk of global accidents. ”