Despite speculation of a V-shaped recovery, we maintain our view that the global economy recovery will be U-shaped. Invest in strong global companies with industry dominance, like Microsoft.
Despite speculation of a V-shaped recovery, we maintain our view that the global economy recovery will be U-shaped. Invest in strong global companies with industry dominance, like Microsoft.
We’re cautiously optimistic about the outlook for equities in 2020, though we think returns will be lower than the outsized gains of 2019, given the higher valuation levels that markets are starting from.