The coronavirus outbreak has led to a massive global demand shock. A plunge in economic activity, probably larger than a typical recession, has likely begun.
Factor investing through the cycle
A Coronavirus update: severity, consequences and implications for investors
Michael discusses his forecast for 2020, which entails a modest recovery in global growth and profits after trade-war weakness in 2019.
A broad overview of our 2017 Long-Term Capital Market Assumptions
US exceptionalism shows signs of re-emerging, adding to the pressure on the euro. Could this cause the currency to break out of its recent range?
This full report is a comprehensive and detailed analysis of our 10-to 15 year asset class forecasts. US version.