Asset Allocation Strategy

Also Interesting

• Replacing the protective role of bonds in client portfolios
• Near-term outlook: less real growth, more inflation
• Extra time?

Central banks have calmed markets down

Central banks are continuing to dictate market momentum and never more spectacularly so than in January. The fourth quarter market crash occurred after the Fed had confirmed that its balance sheet shrinkage and rate-hike schedule were on autopilot even amid increasing signs of an economic slowdown in China and Europe.