Long-term Capital Market Assumptions 2017 Theme-Credit cycles
Markets, economy, stocks, growth, global, fixed income, international, asset classes
The S&P 500 could hit 10,000 by the mid-2030s
The paper discusses the pportunities and risks that institutions should consider when investing in China’s A-Share and private equity markets.
While tariffs remain a concern, the key issue is the degree—which we deem moderate—of U.S. recession risk. The current global backdrop makes the U.S. dollar unlikely to strengthen. Earnings growth expectations are modest, valuations are undemanding