Give us a good old villain to bring out the best in you

Vontobel
By October 16, 2021 11:27

Give us a good old villain to bring out the best in you

Investors’ Outlook October 2021

“Envelopes please… and the winner is… Wall Street.” This is the result of our recent allocation review that saw us overweight US stocks at the expense of European ones. The slight change doesn’t alter our overall neutral view on equities as a whole, in place since our last assessment a month ago. Back then, we argued that the so-called “peak growth, peak stimulus” environment, as well as equities’ high valuations and the general uncertainty surrounding central banks’ timing of any steps to tighten monetary policy, would make the path ahead more challenging.

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Vontobel
By October 16, 2021 11:27

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