Estonian analysts won't rule out global crisis, too soon to predict its depth

The political turmoil in the U.S. and tense situation in the Middle East underpinning the decline in Japanese markets could together create a perfect storm of conditions, and it's difficult to predict how things will unfold, says Redgate Wealth chief investment officer (CIO) Peeter Koppel. According to Avaron investment manager Rain Leesi, the possibility that we are headed for an economic recession cannot be ruled out, but just how deep it will end up is still too soon to say.