Snakes and ladders for the upcoming year

Investors have much to ponder. Interest rates remain absurdly low. Hong Kong investors who bought high-yield bonds in record volumes now worry rising interest rates may devalue these assets. Share prices are increasing in Hong Kong and globally, but investors must determine whether or not this is a false rally built on overly expansive central bank policies.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1151002/snakes-and-ladders-upcoming-year