Global Insight - March 2020

March 13, 2020 | Yusufov Wealth Management


Share

The Global Insight Monthly offers perspectives from the Global Portfolio Advisory Committee.

The Global Insight Monthly offers perspectives from the Global Portfolio Advisory Committee on:

  • Coronavirus: As new clusters of coronavirus cases pop up around the world, an outburst of volatility and concerns are running through markets. RBC Global Asset Management’s Chief Economist Eric Lascelles looks at how the scope of the outbreak is evolving and to what extent the coronavirus could sap Chinese and global economic growth.
  • And then there were 27: Impact of the UK’s departure on the EU Dawn is breaking for a new Europe with the UK’s irrevocable separation from the EU complete. Challenges will test the EU’s resolve, such as how to prop up the ailing economy. We look at what awaits the continent and what it holds for investment strategy.
  • Global equity: Under pressure Concerns about the coronavirus and to a lesser extent American politics have sent shockwaves of volatility through markets. Clarity about the impact of these developments is unlikely before late Q2. More volatility can’t be ruled out. However, if the U.S. economy avoids a recession in 2020, by year end, we expect most stock markets will have advanced meaningfully from today’s levels. The probabilities of a more adverse economic outcome are higher than when the year began.
  • Global fixed income: Do central banks have a vaccine? When bouts of economic fear take root, markets typically look to central banks for a panacea. But amid the coronavirus uncertainty, do central banks even have the right medicine?

                                                                  Click here to view the full article