Global Financial Forecast 2020-2027
Fear vs Fundamentals: Redux
Recapping the market’s reaction to fourth quarter earnings season and the Coronavirus outbreak.
Market Update – February 2020
Just as one source of investor angst faded at the beginning of 2020, another intensified. After simmering trade tensions fueled a blockbuster start to the year, sentiment took a turn for the worse after the outbreak of the Wuhan coronavirus threatened to derail an already-fragile global growth backdrop.
Market Update – January 2020
Investors headed towards the end of 2019 in an optimistic mood as two policy risks that were plaguing sentiment throughout the year receded in December, while some nascent signs of a stabilizing global economy also buoyed risk appetite.
Global Investment Outlook 2020
Over the last year, sentiment remained fragile as unnerved investors digested a flurry of trade-related and geopolitical headlines that sparked fears of a pronounced global slowdown. The good news, however, is that we are likely past the point of peak pessimism on the state of the global economy, with some nascent signs that the worst may finally be behind us.
Market Update – December 2019
In October, investor appetite for risk flourished amid hopes for a de-escalation in the US-China trade fiasco, lower odds of a disorderly no-Brexit deal, and as central bankers conveyed a message of accommodation across the globe.