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Investment Monthly - December 2021

The high-speed economic cycle and data noise,create a two-way risk, and potential for greater volatility. However stocks should continue to outperform
2021年12月01日
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    • The high-speed economic cycle, and the noise in the data, creates two-way risk, and the potential for greater volatility, making the landscape tricky to navigate
    • However, stocks should continue to outperform bonds in the mid-cycle phase. Policy normalisation and a staged rise in bond yields should help value and cyclical parts of the equity market
    • Policy headwinds, Covid, and the dollar outlook will weigh on EM performance. But Asia & EM fixed income remains the stand-out valuation opportunity