MOST POPULAR INSIGHTS
ASSET CLASS VIEWS FROM OUR SENIOR INVESTORS
Global Asset Allocation Views 3Q21
Amid above-trend global growth, we overweight stocks, favoring cyclical regions. We underweight duration and pared our credit overweight. Inflation risks are fading, but we’re watching risks related to vaccine/virus data, earnings and policy.
Global Fixed Income Views 4Q21
Above Trend Growth is still our base case, but we dropped it to 80% while raising the likelihood of Sub Trend growth to 10%. Recession and Crisis remain at 5% each. Our best ideas include corporate credit, U.S. and euro high yield, and leveraged loans.