Markets, economy, stocks, growth, global, fixed income, international, asset classes
We emerged with a cautious near-term view from our latest quarterly strategy meeting in early September. In our base case scenario, the global economy is expected to narrowly avoid recession and continue to grow, albeit much more slowly.
We expect another positive year for emerging market debt in 2020, with base case expectations of about 8% returns for emerging market hard currency, and 11% for emerging market local currency.
Eye on the Market: The Verdict
Michael reviews current market dynamics, walks through four investment strategies that have performed well over multiple cycles as this one enters its latter stages, and shares his thoughts on the Helsinki summit.
What investors should consider
Analysis of Japan's recent nation election. Positive market reaction also addressed.
Analysis of the Bank of Japan's aggressive new monetary policies designed to tame inflation down to 2%
Explores how institutional investors should reconfigure portfolio allocations/strategies in a world of low returns.
This full report is a comprehensive and detailed analysis of our 10-to 15 year asset class forecasts. US version.