Q4 2019 Outlook & Review

QMA
By October 21, 2019 15:51

Q4 2019 Outlook & Review

  •  Escalating geopolitical risks and increased monetary easing have elevated both the upside and downside risks for the global economy. As such, it is currently very difficult to determine which force will gain the upper hand.
  • The greatest threat to the global economy is an escalation of the trade war, which would lead to an even deeper downturn in global manufacturing, which, in turn, could progressively weaken the more healthy components of the global economy, namely the services sector and the US consumer.
  • A more constructive scenario for risky assets involves a tamping down of geopolitical risks and signs that monetary stimulus has reaccelerated global growth.
QMA
By October 21, 2019 15:51

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