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 3Q21
With central banks committed to over-accommodation, Above Trend Growth remains our base case (at 90%); the probability of Recession and Crisis are both at just 5%. Our best ideas include U.S. and European high yield, bank loans, bank capital notes.