2019 Midyear Global Outlook — Trade in the balance
Economic fundamentals were solid at the start of the year. Could trade disruptions put the economic expansion at risk in the second half of 2019?
2019 Midyear Global Outlook — Trade in the balance
Economic fundamentals were solid at the start of the year. Could trade disruptions put the economic expansion at risk in the second half of 2019?
Amid the noise, will tech's run continue?
While trade tension and government investigations may create unknowns, the secular drivers of technology and health care are diverse and growing. We believe we are at a unique crossroads as innovation in science and technology converge at an unprecedented pace, which is creating new investable opportunities.
A defensive tilt in market uncertainty
We have shifted the portfolio slightly more defensive, while maintaining exposure to areas we believe should participate in market upside.
Correlation conundrum: Mixed market signals
While the correlation between equity and fixed income markets has been sending mixed messages, our panelists believe policymakers are a formidable backstop to help sustain the economic expansion.
Depressed valuations may offer opportunity
Fear of recession has depressed valuations of many economically sensitive businesses. Contrary to popular belief, this may be an opportune time to invest.
A focus on quality as volatility persists
The risks of a prolonged U.S.-China trade standoff have increased, but we believe long-term fundamentals in emerging markets will offer opportunities.