Market volatility and an uneven path for the economic recovery are set to continue for years, according to Towers Watson. What’s more, all asset classes will face higher-than-average volatility, Towers Watson said.

“The events of the past several days are consistent with the outlook we had prior to these global events—that we expect a bumpy path to recovery, with pressures from the debt overhang materializing in places that are hard to predict,” said Carl Hess, global head of investment at Towers Watson.

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