Investing in a Time of Geopolitical Uncertainty

UBP
Door oktober 7, 2019 10:09

Investing in a Time of Geopolitical Uncertainty

  • As expected, US and ECB communications disappointed markets and the ongoing US-China conflict flared once again in August leading to the return of volatility. Long-dated bond yields and equities fell sharply over the month.
  • Pressure on the global economic outlook continues to build. The global economy will rely increasingly on countercyclical policy action in order to offset looming geopolitical shocks including hard consumer-focused tariffs (Sep 1) and potentially a hard Brexit (Oct 31).
  • Global central banks’ ability to influence the economic cycle is increasingly limited leaving fiscal policymakers to pick up the baton of stimulus moving into 2020. Debates about fiscal stimulus have already begun in Germany and the appointment of the new EU/ECB leadership should accelerate these discussions looking ahead.
UBP
Door oktober 7, 2019 10:09

Zoek

Asset Allocation Consensus September

Zoek op datum

oktober 2019
M D W D V Z Z
« sep    
 123456
78910111213
14151617181920
21222324252627
28293031