Asset Allocation Long-Term Outlook 2020s unlikely to be a rerun of the 1930s and 2000s We anticipate that US equities will outperform long-dated Treasuries over the next ten years, even though the valuation of the stock market is even higher now than it was at the beginning of the 1930s... 16th February 2021 · 19 mins read
Asset Allocation Outlook Coronavirus recovery rally may be far from over Although the incoming economic data are likely to remain poor until around mid-2021, we forecast that “risky” assets will continue to outperform “safe” ones comfortably over the next couple of years... 7th January 2021 · 23 mins read
Asset Allocation Outlook The winding road to recovery The market movements of recent weeks are a timely reminder of the importance of the main near-term risks – coronavirus cases rising in major economies as winter approaches, and uncertainty about the... 2nd October 2020 · 23 mins read
Asset Allocation Outlook Asset allocation in the next stage of the COVID crisis So long as the revival in the global economy continues, even if only gradually, we forecast that “risky” assets will resume their comfortable outperformance of “safe” ones. We do not buy the argument... 2nd July 2020 · 23 mins read
Asset Allocation Outlook Portfolio allocation in a pandemic Although fiscal and monetary support has helped a bit, we doubt that “risky” assets will sustainably outperform “safe” ones again until the global spread of the coronavirus slows, which would raise... 3rd April 2020 · 23 mins read
Asset Allocation Outlook 2020-21 likely to be much less rewarding than 2019 We think that returns from “risky” assets – equities, corporate bonds, REITs and industrial commodities – will generally beat those from “safe” ones – government bonds and precious metals – again over... 13th December 2019 · 22 mins read
Asset Allocation Outlook Split Fed puts both bonds and equities on thin ice This is the first publication on our new Asset Allocation Service. The service considers the asset allocation implications of our comprehensive macroeconomic and financial market research, which is... 19th September 2019 · 25 mins read
