GOAL Outlook for 2021: Rotation inoculation — remain pro-risk
We are pro-risk for 2021 and expect the pro-cyclical rotation across and within assets to continue, supported by a strong economic recovery from the COVID-19 shock. With a favourable growth/inflation mix and still elevated equity risk premia we are OW equities and UW bonds.
20 Nov 2020 | 5:46pm GMT | Research | Portfolio Strategy - Christian Mueller-Glissmann and others
Also read: US Weekly Kickstart: Investor response to our 2021 US Equity Outlook (20 Nov 2020)
Webcast Replay: GOAL Outlook 2021 - Rotation Inoculation
with Christian Mueller-Glissman, Peter Oppenheimer, Kamakshya Trivedi, Praveen Korapaty, Damien Courvalin and Amanda Lynam.
Euro Area Sovereign Outlook 2021: The Point of No Returns
We expect major bond markets in Europe to generate flat to negative returns next year, as improving growth carries core long-end yields higher and we move ‘over the hill’ of ECB policy support.
19 Nov 2020 | 4:05pm GMT | Research | Economics - George Cole and others
with Jeff Currie, Damien Courvalin, Samantha Dart, Nicholas Snowdon, Mikhail Sprogis & Chris Hussey.
with Lotfi Karoui, Amanda Lynam, Frank Jarman and Chris Hussey.