Markets, economy, stocks, growth, global, fixed income, international, asset classes
The COVID-19 outbreak has pushed the global economy into recession and equities likely have further to fall. We are overweight cash and duration and modestly underweight equity and credit. We expect to stay nimble in our relative value positions.
Pascal’s Wager argues that belief makes more sense than disbelief when the worst outcome is a total loss.
Helping clients build better portfolios
John Bilton, Head of Global Multi-Asset Strategy, discusses the themes of our 2017 Long-Term Capital Market Assumptions.