A volatile year with a mediocre yield is coming to an end, Nordea’s investment strategists write in the December issue of the Global Asset Allocation Strategy. While the year started on a positive note with large gains for global shares, corrections in the spring and in October followed.
Currently most asset classes are more or less unchanged compared with the beginning of the year, they write.
For 2019, our strategists forecast a tug of war between tighter monetary conditions and growth dynamics that continue to be strong, a situation that is seen leading to higher volatility. What does this mean in terms of allocation between assets and geographical regions? Find out in the monthly Global Asset Allocation Strategy.
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