Watchfully Waiting: Viewpoints December 2018

Global growth peaked earlier in 2018 and is now showing signs of slowing, but so far the U.S. Federal Reserve has not indicated any plans to back off its plans to raise rates. Trade frictions and Brexit negotiations continue to weigh on economic activity, and are unlikely to be resolved quickly.

In light of these developments, our risk policy remains neutral. But we still see opportunities.

Read Viewpoints