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.
Vincent Juvyns and Alex Dryden discuss economic growth in the eurozone and the potential impacts of the slowdown in China and other emerging markets.
Currency movements based onbrexit's outcome.
The performance of the US dollar significantly diverged from relative rate spreads
Includes discussion of Europe, the US, Japan, emerging markets, and infrastructure
Market sentiment towards the Chinese currency has shifted significantly
Full 62-page report with analysis of all asset classes.
What to expect in the next 15 years.
Expected returns and correlations of asset classes.
Executive Summary. Prolonged period of delevraging could mean low interest rates; subdued growth.