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The second half of 2019 saw fears about the 2020 outlook peak but then start to stabilize again towards the end of the year. Where does this leave investors?
Start your week off right with our market snapshot from the Global Economics and Investment Analysis Group.
Monthly Market Roundup Podcast
Presented by Lale Akoner,
Our forecasts for yields still imply a market that is too pessimistic and lowered its estimates too far. Hence, we see a higher probability of an upward drift in yields as growth stabilizes in 2020.
Given dramatic moves in risk markets, we provide a brief update of what we think markets are currently pricing in along with implications for investing.