Global Perspectives January 2020 After such fantastic returns from equities and bonds in 2019 and a 10-year bull market, it makes sense to ask: should we take those chips off the table, de-risk and bank the profits? To answer this
De Chinese economie is sterk maar beleggers moeten op hun hoede blijven Als de Chinezen aanstaande zaterdag (25 januari) het Jaar van de Rat ingaan, is de economische groei van China weliswaar duurzamer geworden, maar hoogwaardige bedrijven zijn nog steeds zeldzaam.
U.S. equities rose for a second consecutive week, with the S&P 500 Index advancing close to 2%. 1 The signing of the U.S./China phase-one trade deal and the ratification of the USMCA trade agreement seems to have removed some significant
Theme of the month: Set phasers to one –trade war interregnum The US and China signed a ‘Phase One’ trade deal. The deal included a modest lowering of some US tariffs on China, in return for an ambitious $200bn
Graag nodigen wij u uit voor een informele lunchbijeenkomst op donderdag 23 januari. Gedurende deze bijeenkomst willen we u laten nadenken over een aantal trends die beleggers mogelijk over het hoofd zien maar die belangrijke gevolgen kunnen hebben voor uw
In hun eerste handelsovereenkomst met China vragen de VS om meer industriële goederen, energie en landbouwproducten te kunnen exporteren. De handelsspanningen nemen af, maar de meeste Amerikaanse tarieven op Chinese goederen blijven bestaan. De solide cijfers voor de Chinese economie (bv. industriële
Active is: Sharing insights This Chinese New Year, more than a billion people globally will celebrate the Year of the Rat. We believe investors everywhere can also find reason to celebrate China as a source of continued economic growth. Even if US-China
The pace of global growth has slowed significantly during the past two years. After peaking at over 4% in 2017, it has softened to just above 3% at present, well below its two-decade average of nearly 3.7%.1 A number of
Take the lead – Global Insights 2020 The dominant theme as 2019 began – following three months of steep falls on world markets – was recession. But this threat was not obvious to us. Markets were pricing a downturn that
Global economy: Trade tensions and broader uncertainty drag on demand and supply The continued slowdown in global growth foreseen a year ago has been accentuated during 2019 by a deterioration in the global industrial cycle. A broad escalation of policy
Capital Market Line Last year proved to be a turning point. Word of an imminent trade deal between the US and China represented a peak in trade escalation and uncertainty. Global manufacturing – the epicenter of the trade war – began to
Global Snapshot Trends to watch: US Fed on hold 13 of 17 participants at the December Federal Open Market Committee meeting expected current official rates to remain appropriate throughout 2020. The central bank injected liquidity via Treasury bill purchases and
2020 income outlook The bond market in 2019 was a double-edged sword. Investors pocketed sizable capital gains in most sectors, thanks to plummeting rates. But the flip side hurts: As has often been the case since the 2008 financial crisis, the search for yield
Increased external pressure could force China to accelerate structural economic transformation The world has been watching the deterioration in Sino-US relations with trepidation. Fears of increasing disengagement have created uncertainties for the global economy and financial markets. At the eye
TAA Model Allocation – as at December 2019 As the calendar year ends, it is customary to look ahead to what the New Year might hold. In this edition of Global Outlook, we summarise the latest thoughts from our quarterly Global investment Group
Asset allocatie: vertraging bestrijden Beleidsmakers hebben tot nu toe een forse wereldwijde economische vertraging succesvol weten te voorkomen. De Amerikaanse Federal Reserve en de Europese Centrale Bank hebben de monetaire kraan geopend, terwijl sommige regeringen in opkomende landen fiscale stimuleringsmaatregelen hebben genomen, een voorbeeld
Special editio: 2020 Outlook T he central banks are set to pursue monetary accommo- dation right throughout 2020, reluctant to risk curbing the world economy, which continues to de- velop at a pedestrian pace with no ex- pectations of a
Weekly commentary • The recent sharp escalation in U.S.-Iran tensions serves as a reminder of the potential for flare-ups in geopolitical risks as we enter 2020. • We see global growth stabilizing and gradually picking up over the next six
Maandelijkse Asset Allocatie Vooruitzichten De wereldeconomie lijkt er aan het begin van het nieuwe jaar stabieler voor te staan. Maar beleggers moeten opletten niet zelfgenoegzaam te zijn. Begin 2020 hebben beleggers redenen om optimistisch te zijn. De wereldeconomie stabiliseert zich
2020 is a tipping point. 2020 is a tipping point.We’ve lived with growing levels of geopolitical risk for nearly a decade, but without a true international crisis. Outside of geopolitics, global trends have been strongly favorable. That’s now changing. Globalization is key.
Emerging Markets The relationship between China and the West has changed radically China faces many challenges and may not overtake the US by 2030 Finding expert managers is key for investors to make the right choices
Maandbericht beleggen De spanningen in het Midden-Oosten, opnieuw aangewakkerd door de Amerikaanse aanslag op de Iraanse generaal Soleimani, beheersen sinds een kleine week het nieuws en leiden tot nervositeit op de financiële markten. Ondanks de de-escalatie van de handelsoorlog tussen
Even without an increase in tension with Iran, global growth this year should slow further due to the US presidential campaign, higher customs tariffs remaining in place and Chinese abnegation. THE TRADE WAR SHOULD CONTINUE TO AFFECT GLOBAL GROWTH The
China – Leading indicators rising China will release GDP growth data for 4Q19 next week. In line with the long-term trend, China's GDP growth in 3Q dropped to +6.0% (previously +6.2%). However, the growth slowed somewhat more than before during
What happened in the past month? Global trade growth continues to improve, riding on the tailwind of monetary easing earlier in the year and the recent de-escalation of China-US trade tension. On the domestic front, stronger infrastructure FAI and still-resilient
Global Asset Allocation Views Q1 2020 -> https://www.opiniopro.com/2020/01/jp-morgan/global-asset-allocation-views-q1-2020/ #AssetAllocation #credit #equites #Equities #FixedIncome via @JPMorganAM
Zo was het vorig jaar! #aftermovie #AssetAllocationAwards
https://vimeo.com/321963939
Economic resilience, Fed and elections to drive US markets in 2020 -> https://www.opiniopro.com/2020/01/amundi/economic-resilience-fed-and-elections-to-drive-us-markets-in-2020-2/ #consumption #election #monetarypolicy via @Amundi_ENG
The US federal reserve’s ‘whatever it takes’ moment has arrived -> https://www.opiniopro.com/2020/01/ubp/the-us-federal-reserves-whatever-it-takes-moment-has-arrived/ #AssetAllocation #centralbank #credit #ECB #Equities #FED #USA
