An economic stabilization in 2020 that will underpin the earnings development. This is our investment strategists’ main scenario as they publish this year’s first Global Asset Allocation Strategy. Thus, the chances for another good year are looking good.
The biggest risks to the main scenario are a recession and/or (geo)political turbulence. However, as elevated sentiments, with potential short-term pull backs, are regarded as possible buying opportunities, and as the potential in fixed income is limited, our strategists keep their overweight stance on equities.
Find more details about the views on asset classes and regions, as well as discussions about potential scenarios, in the January edition of the Global Asset Allocation Strategy. (pdf, 1 MB)
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